Unless you’re a finance geek—like all of us here at Ashar—there’s not a whole lot about managing one’s finances that could really be called “fun.” Monitoring investments, keeping track of bills and taxes…for most people, that’s more obligation than choice. (more…)
This post is part of our series for advisors to pass to their clients. Knowing more about your clients’ needs will help you to better serve them. Aging doesn’t have to be scary, and we here at Ashar want to help you provide the resources that policy sellers need to flourish in this chapter of their life.
At Ashar, we may be in the life settlement business, but that doesn’t mean that we think everyone should sell their life insurance. In fact, that’s about as far from the truth as you can get.
Life settlements can be wonderful financial solutions for many people, but only under a set of very specific circumstances. For people looking for financial relief from unaffordable premiums, or those who no longer need their policies because of changes in estate tax law or the death of a spouse, a life settlement can be a great way to generate a new stream of income. The same is true for individuals facing the costs of long term care, or expensive medical procedures for an illness.
If you fit into one of these categories, maybe it’s time to ask your financial advisor to contact us at Ashar, to start discussion your options. But if you don’t, then chances are you should keep your life insurance, if it’s at all possible.
If you caught our “Filling the Bookcase” article from back in June, you know that we at the Ashar Group love a good book — especially if it helps us continue to get better at what we do.
With summer on its way out, we thought it was time to offer up a few more book recommendations to see you through the fall. Below, you’ll find books to help you reason more clearly, raise fiscally responsible kids, and develop your leadership skills. (more…)
This post is part of our series for advisors to pass to their clients. Aging doesn’t have to be scary, and we here at Ashar want to help you provide the resources that policy sellers need to flourish in this chapter of their life.
We all want to know that when our time comes, our family and loved ones will be provided for. After all, that’s the point of buying life insurance: so that when we pass away, our dependents will have some money to fall back on, to help cover any expenses or taxes and maintain their standard of living. (more…)
We know that as a financial advisor, you want the best for your clients. And when it comes to older clients, advisors can feel especially protective.
After all, you’re managing not just their money, but possibly the legacy they’ll leave their family, or their ability to cover long-term care or assisted living for themselves or a spouse. There’s no question that that’s a lot of responsibility. (more…)
This post is part of our series for advisors to pass to their clients to help them understand life settlements. Aging doesn’t have to be scary, and we here at Ashar want to help you provide the resources that policy sellers need to flourish in this chapter of their life.
Aging has plenty of benefits: intelligence, wisdom, and experience are all extremely valuable in the workforce, community, and in social relationships. Older people also have the benefit of self-awareness. Maya Angelou once said, “At 50 I began to know who I was. It was like waking up to myself." Yet somehow, age is taboo in our society. According to a 2012 survey, people now believe that old age starts at 59; however, the majority of seniors say they don’t “feel” old. (more…)
This post is the fourth in our series of continuing education resources for advisors. The life settlement industry is complex and we here at Ashar want to make it easy for you and your client to navigate this complicated field.
Stock market volatility is generally a cause for nervousness among financial advisors, if not outright concern. But, as with most things, there is a silver lining: an uncertain stock market can drive investors to put their money into other assets that aren’t connected to the vagaries of Wall Street. (more…)
Every day at Ashar is a busy one—and we like it that way! Still, we have so much going on here that I savor the times I can snatch a few minutes to walk to buy a healthy sandwich for lunch, like today. This afternoon, I was walking back to our office when I spotted something green on the sidewalk. Hello, Andrew Jackson. Surprised at my good fortune, I tucked the bill into my pocket and forgot about it. When I found it again at the end of the day when I reached into my pocket for my keys, it was a nice reminder of that good moment.
Isn’t it a great feeling when you find an unexpected $20 bill on the sidewalk? Imagine how much better it would feel to find an unanticipated $2 million. While it sounds crazy, that’s exactly what happened to Robert*, a recent client of ours. (more…)
HBO’s “Game of Thrones” continues to rise in popularity. The show is based off George R.R. Martin’s best-selling fantasy book series ad just wrapped its fifth season finale, which drew the show’s largest audience ever — about 8.11 million viewers.
This show is especially popular with the 18-49 year old segment—many of whom are financial planners whose clients would benefit from knowing that they could sell their life insurance policies on the secondary market. Despite the show’s obvious dramatization, we think that in some ways, it has some surprising similarities to the secondary life settlement industry. (more…)
Life can be complicated. With all the new kinds of technology, entertainment and demands of this decade, it can be easy to forget things every once in a while, whether it’s the afternoon dentist appointment or the pasta you’ve accidentally left on the stove. However, when it comes to your life insurance, forgetting to make your premium payments can be disastrous.
