The Gift of a Lifetime

We are now in December and people are thinking about the holidays and gift giving. Since we all think about what would be a significant or the best gift, I’d like to urge everybody to consider giving a Gift of a Lifetime. Gift of a Lifetime is a program designed for parents and/or grandparents to give the gift of financial security to their children or grandchildren.

The Gift of a Lifetime is a life insurance policy that gets funded by the parents or grandparents. In the future, this policy will give their children the security and benefit of a paid-up permanent life insurance policy that will never expire.

The policy will continue to build cash value as well as increase the death benefit throughout that child’s lifetime. With this asset, that child could take out money to help with certain stages in their life, such as college, a down payment for a home or a car, and potentially take out a tax-free retirement income from the cash values similar to how a ROTH IRA works.

If you would like to learn more about a Gift of a Lifetime, let us know. We have a wealth of material to help you understand how this can make a significant impact for your loved ones.

Registered Representative offering Securities through American Portfolios Financial Services, Inc. (APFS) Member FINRA/SIPC. Investment Advisory Services are offered through G&G Planning Concepts, Inc. which is not affiliated with APFS. Strategic Wealth Advisors Network and Gassman Financial Group are not affiliated with APFS.

Any opinions expressed in this forum are not the opinion or view of American Portfolios Financial Services, Inc. (APFS) or American Portfolios Advisors, Inc.(APA) and have not been reviewed by the firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors.

The cash value in a whole life policy is accessed through policy loans, which accrue interest at the current rates, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and cash value. Neither APFS nor its Representatives provide tax, legal or accounting advice. Please consult your own tax, legal or accounting professional before making any decisions.