5 Steps for Wealth Advisors Acting as a Life Insurance Trustee

5 Steps for Wealth Advisors Acting as a Life Insurance Trustee

by Michael Brohawn | Apr 12, 2021 | Policy Management, Wealth Advisor Resources

If you are a Financial Advisor, Attorney, CPA, or other Professional who has taken on a life insurance trust for profit or accommodation, read on…. Most poeple do not know it, but non-corporate trustees like you oversee almost 80% of trust-owned life insurance. You...
TOLI Trustee Alert: Oops, the Life Insurance Policy Lapsed…What Next?

TOLI Trustee Alert: Oops, the Life Insurance Policy Lapsed…What Next?

by Michael Brohawn | Feb 15, 2021 | Policy Management

A Trustee’s most common fear is that a ball drops, and a policy in their care lapses. Unintended lapses do occur, and when they do, knowing how to fix the problem is essential. In this post, I will provide some guidance. Policy lapse can occur when the premium...

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    How TOLI Trustees Can Keep From Getting Sued

    After spending over a decade keeping clients from getting sued or writing a big check, there are few people nationwide who know more about the steps to be taken by a trustee to mitigate liability and dramatically increase customer service. Each year, millions of dollars in checks are written behind closed doors by TOLI trustees. In this session, I will teach you how you can reduce the chances that one of those checks has your signature on it. This session is perfect for any organization that includes fiduciaries and trustees.

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    What Advisors Need to Know
    About Life Settlements

    Selling a life insurance policy can potentially maximize its value – especially if it is no longer needed. But we all know that the sales process is often murky, at best. What if I took you behind the scenes to explain life settlements and showed you a prudent process to make thoughtful decisions about the sale of a policy? I will show you when to sell a policy (and just as important when not too) and how to get the most value for the policy – information found in very few places. This session is perfect for advisors that work in the estate planning community – especially with older aged clients.

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    The Wealth Advisors Guide to Life Insurance

    Let me take you through the life cycle of a policy, starting with a process for policy selection and purchase. This session taps into my background in policy management. It offers guidance for ongoing policy stewardship, including steps you should take to maximize the value of a policy if your client's goals have changed. As in my book, I provide very useable and comprehensive guidance so you can immediately assist clients in the use of life insurance. This session is perfect for anyone whose practice touches life insurance.

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