What is "Never" Money? Ask me

There are three types of Money
Everyday Money-This is money used to pay for current livng expenses like food, clothing, prescription drugs, et.
Someday Money- This is money that might be needed someday in the future to disburse for travel, second home, etc.
Never Money-This is money that is planned for bequeathing to a spouse, children, grandchildren, or as a gift to a favorite charity.

Do you know your wealth transfer options?
How do you want your money to work for you and your beneficiaries?
You decide! -Taxable, Tax-Deferred, or Tax-Free.

Taxable (CD's, Money Market Accounts)

• safety (FDIC insured)
• Liquidity (Withdrawals permitted subject to bank penalty)
• Good rate of return
• Interest taxable each year to owner
• Subject to probate process

Tax-Deferred (Annuities)

• Safety (Backed by insurance company reserves)
• Liquidity (partial withdrawals permitted without company penalty)
• Good rate of return
• Tax-deferred accumulation (until withdrawn or death)
• No probate delay (payable directly to named beneficiaries)

Tax-Free (Preferred Whole Life Insurance)

• Safety (backed by insurance company reserves)
• Liquidity (loans permitted without company penalty)
• Guaranteed cash values
• Tax-deferred accumulation
• No probate delay (payable directly to named beneficiaries)
• Income TAX-FREE death benefit

I can offer you Annunities and Preferred Whole life Insurance as alternatives to traditional vehicles, such as certificates of deposit and money market accounts.