Kevin Patrick Peters, CLU® | Source | Wealth Advisor at XML Financial Group
Kevin Patrick Peters, CLU®
Kevin is a Wealth Advisor at XML Financial Group. He holds the Chartered Life Underwriter® designation and has been in the financial services industry since 1997, and with XML Financial Group since its founding in 2004. Kevin focuses on assessing the unique situation of each of his clients through focused asset management strategies within the client’s financial plan to achieve their goals through diversity and risk mitigation.
-
XML Financial Group
Wealth Advisor
-
The LTCi evolution: insurers search for a successful formula
LTCi can be viewed as a quality-of-life benefit, as opposed to disaster protection, and that might explain the objections. Still, the insurance industry had to evolve on long-term care. And it did.
Article
-
Life Insurance: A Strategic Tool for High-Net-Worth Individuals
Kevin highlights life insurance's role in estate planning, tax efficiency, and wealth preservation. He emphasizes strategies like Irrevocable Life Insurance Trusts and wealth replacement to minimize estate taxes. Kevin also discusses life insurance's importance in business succession planning and charitable giving, offering tax benefits and ensuring financial stability for heirs and causes. -
Whole Life Insurance: Not Just for the Wealthy
Kevin explains that whole life insurance offers "stable, potentially guaranteed cash accumulation," suitable for various financial profiles. Term life insurance, a cost-effective choice, provides high coverage for specific periods. A strategic approach involves combining term and whole life policies, investing saved premiums in a diversified portfolio with financial advisor guidance.
-
You can see updates, such as, ‘Mom received her medications, she's at home, she's in a good mood,’ and so on. And then a family member can chime in and say, ‘I'll be there’ at a certain time tomorrow.
