ESTATE PLANNING

Estate planning is really an ongoing process and should be started as soon as one has any measurable asset base. As life progresses and goals shift, the estate plan should move to be in line with new goals and new asset accumulations. Lack of adequate estate planning can cause undue financial burdens to loved ones (estate taxes can run higher than 40% especially if you live in a state that has a state estate tax on top of the federal estate tax), so at the very least a will should be set up even if the taxable estate is not large.

According to Forbes: 64% of the public doesn’t have a will.  And even more shocking is the number has been steadily increasing!

COLLEGE PLANNING

We all want what’s best for our children’s futures – for many families, that makes planning for college costs a top priority.
However, quality higher education is coming at a premium these days, and all of the projections indicate that the trend will certainly continue in the coming years.

As tuition costs continue to skyrocket, proper planning for your child's college expenses is becoming more and more important.  Learn how a little planning can go a long way toward ensuring that your future college grad isn't buried in student loan debt by the time she starts her career.

DISABILITY INSURANCE

What is disability insurance?

Disability insurance helps replace a major portion of your income when you are sick or injured and unable to work. Some people think of it as “paycheck protection.” Others view it as a way to protect their home since a mortgage payment is often a family’s most significant monthly expense.

Having disability insurance can provide a sense of security, knowing that if the unexpected should happen, you’ll still receive a monthly income.

If you think about it, everything you have today - your home, car, groceries, savings - basically your lifestyle, depends on your ability to earn an income. Most people are quick to insure their possessions, such as their home and car. And they generally have life insurance that would provide for their family. But the one thing that makes all this possible is – your income. It’s your most important asset. So, protecting it with disability insurance isn’t just a good decision – it’s essential. Together with a Living Benefits policy, you'll be completely covered and ready for the unexpected.

MORTGAGE PROTECTION

One of the most vital services we offer at Logos Brokerage is helping our clients establish mortgage protection plans for their homes.

What exactly is mortgage protection?  Well, if you’re like most Americans, your home is the largest purchase you have ever made, and the most valuable asset you own, financially-speaking.  Your mortgage payment is likely your family’s largest monthly expense, and you work hard to dutifully pay down your mortgage balance every month.

But what if you were to be diagnosed with cancer, and suddenly hit with unexpected medical bills?

What if you are out of work for several months at a time recovering from a heart attack, and can’t keep up with your mortgage payments?  What if you or your spouse passed away unexpectedly, leaving the other to shoulder the burden of the mortgage payment on their own?  These aren’t pleasant situations to imagine yourself being thrown into, but it is a risk that is important to be prepared for.

Typically, these plans are designed to pay off the balance of the mortgage should the policyholder pass away within the coverage period (typically 30 years, to cover a 30-year mortgage).  Logos Brokerage’s mortgage protection plans are unique in that they come infused with Living Benefits – meaning they don’t only pay out upon the death of a policyholder.  Our plans also put much-needed money in the policyholder’s hands if they suffer a major illness – like a heart attack, stroke, or cancer.  This money can be used to keep the mortgage bills paid in those potentially difficult financial times, and offer peace of mind when it comes to keeping a roof over your family’s heads.

At Logos Brokerage, we’re mortgage protection experts, and have helped tens of thousands of American families safeguard their most prized asset.  We’d be honored to help you protect you and yours as well.