What percentage of estate reduction due to taxes is acceptable to you?
Estate planning isn’t only for old wealthy people. Anything that you care about–from collectables, to vintage jewelry that has been in your family for generations to a cabin where your family vacations–is important enough to justify estate planning. Sometimes young families think they don’t have enough property or “stuff” to justify estate planning. But if you have a child or business, you have estate planning concerns. Who will raise your children, manage assets your family may inherit, or take over your business?
As uncomfortable as it may be to talk about unpleasant things like death or needing long term care, imagine how uncomfortable it would be for your family if you don’t have plan? Without a plan, your state laws dictate what happens for your family. Is that what you want?
Getting life insurance is the most unselfish thing you’ll ever do. If you’re not an expert, we’ll help you find the right insurance solution for whatever stage of life you’re in. The odds of dying are 100%, what are you waiting for?
How long could you afford to go without a paycheck before it would be difficult to pay for everyday living expenses?
You insure your house and cars? Did you overlook protecting your most essential asset: your ability to generate an income? One third of all Americans between the ages 35 and 65 will become disabled for more than 90 days, according to the American Council of Life Insurers. Many people think disabilities are usually caused by freak accidents, but most long-term absences are due to illnesses, such as cancer, and heart disease. The loss of income can be so devastating that it can force some people into foreclosure, or even declare bankruptcy.
Disability benefits can replace part of your income so you can focus on recovery instead of worrying about your ability to pay the bills. If you don’t have coverage through work, or you’re not sure if the coverage you have is sufficient, contact us to learn how we can help protect your income.
If you’re a pet owner, you know medical costs for pets can quickly become a financial burden. MRI’s, radiation therapy, even transplants are now common in veterinary medicine. If you’re the type of person that loves their pets and would do almost everything possible to help your pet, we should talk. Newhouse can arrange coverage for accidents, illnesses, prescriptions, surgeries, hospitalization and much more.
For horse owners, you have additional risks, namely every time their horse encounters people or property. Equine-related lawsuits occur more often than you might think, and many homeowners’ policies limit equine liability coverage or exclude it altogether. Whether you’re a pleasure rider, or professional, Newhouse offers both commercial and personal equine liability, medical and mortality coverage.
Will your homeowners policy cover the entire cost to rebuild? Would you be able to pay for both the cost of living elsewhere and your mortgage while you home is being rebuilt? For most people, your home is your most valuable asset. Protecting your home is about protecting your lifestyle.
At Newhouse Financial and Insurance Brokers, we can help you find competitive, low-cost homeowner insurance. We offer comprehensive New York home insurance coverage, home insurance, condo insurance from the nation’s top-rated companies.
We offer guidance on ways to get discounts too by taking simple steps like installing smoke detectors and electronic security systems.