April 2024: News from LIAFPN members!

We’ve gathered the best insights from our members to share with you each month. Get to know your peers, and get the latest news directly from these industry insiders!   Lawrence Scherer, Esq., CPA, LL.M. Taxation   On March 1, 2024, Northern District Court in Alabama held the Corporate Transparency Act (CTA) unconstitutional. There is specific language in that ruling which seems to only apply as to the Plaintiffs in […]

Is your buy-sell causing your estate plan to be taxable?

Brought to you by Lincoln Financial   Download Presentation

2024 Retirement Planning Guide

The newest edition of W&S Financial Group’s popular Retirement Planning Guide is here. It’s your go-to for contribution limits, eligibility requirements, tax aspects, target markets and more.   Seize this opportunity to elevate your retirement strategy – click Get Guide now to access your copy of the guide and take the first step towards a financially robust retirement.   Get Guide

Tax Advantages of Purchasing a Long-Term Care Policy

Brought to you by Mutual of Omaha   In the ongoing debate over choosing between a stand-alone long-term care insurance policy or a hybrid option, we want to draw your attention to a compelling advantage that may sway your decision—tax deductions. For businesses, especially, this can be a game-changer with the allure of tax-free benefits. Consider the tax advantages available to business owners based on their tax structure: For Self-Employed Business […]


AM Best Feature: Life Insurers Look for Big Things in Small Packages as They Target Middle Market in Online Sales

In Honor of National Women’s Month

Today I celebrate National Women’s Month by honoring two unsung heroes: my mother and my wife. My mother, now deceased, most notably raised five boys and was a caregiver for my father in their senior years. The role of caregiver is a huge responsibility and takes a great deal of emotional and physical perseverance. For most families, taking care of a parent, sibling, or spouse creates stress and a financial […]

Critical Illness Benefit & LTC Riders

Stand-alone long term care insurance carriers have left the market in droves due to poor forecasting of future costs and the high percentage of claims.   Life insurance companies have since picked up the void by offering hybrid life policies with Long Term Care and or Critical Illness Riders.   The few pure Long Term Care riders (like John Hancock) have a managed policy built into their life policy ensuring that protection is there […]

A Long-time Issue Needs a Long-term Solution

In May of 2020, nursing home residents and workers accounted for one-third of all coronavirus deaths. This sad new reality promptly reminded us of a few immutable truths, namely; that ‘a tomorrow’ is not guaranteed, and that the elderly are particularly subject to this fact of life. Sadly, the coronavirus is not the first or only crisis to descend upon the elderly population in the United States. Over the past […]

AG49A – A New Regulation Impacting IUL Illustrations

This regulation is designed to help the consumer by limiting any unrealistic or misleading illustrations. Of course, if you are working with well-educated and informed agents and agencies like Main Street Planning Group you will always find a conservative approach to purchasing this and all other life insurance products. For more information on AG49A email info@mainstreetplanninggroup.com