Search Results for: insurance
The different types of home insurance
Home insurance comes in six parts (A-F); each part covers something different. Not every home policy includes all six parts, so use this guide to help you check and evaluate your coverage.
The Quorum Guide to Life Insurance
Life insurance can be a helpful tool for managing risk and protecting your loved ones. However, there are a number of life insurance policies that don’t serve that purpose. Before we get into how life insurance can help you in different scenarios, let’s quickly look at the different types of life insurance available on the market today.
Long-term health care and your legacy
Most of us will need some form of long-term care as we age—and long-term care is notoriously expensive. While wealthy families may not need to worry about the cost of care, failure to plan for these expenses can jeopardize a family’s long-term plan and legacy.
Do women need to take a different approach to wealth?
When it comes to women and money, the financial services industry sometimes misses the mark. Certain assumptions—like the idea that women are more risk averse than men—can be circumstantial rather than inherent. To that end, I want to dedicate some time to the unique challenges women face when it comes to financial planning, plus strategies to face those hurdles head on.
Health insurance when you retire early
When we talk to clients considering early retirement, the first question they ask is almost always: Can I afford to do this and what does it look like? The second question tends to be: What will I do for health insurance? Thinking about coverage options outside of work and government benefits requires a bit of a mindset shift. Lets dive into options.
The Quorum Private Wealth guide to trusts
Trusts (or trust funds) are one of those financial planning terms that starts to feel diluted over time. People have a general sense of what trusts are, but many would be hard pressed to define the specifics. Given how important trusts can be to a strong financial, estate, and tax plan, we want to spend some time getting into the details and specifics of trusts. We’ll cover what trusts are (and how they work) as well as common types of trusts and when you might consider using them.
How to navigate taxes on a ‘big money event’
The goal of financial planning is to build and optimize wealth. Too often, we see people worry about their financial wins, like selling a business or cashing out of a profitable investment, instead of celebrating them. This hesitation is nearly always tied to taxes: How much of my potential profit will I owe to Uncle Sam? Are there strings attached to this windfall? What’s the catch?
