Most of my customers know me primarily for the Affordable Health Insurance that I market in Michigan. However, the purpose of this site is to let my customers, and the general public at large, know that I have other insurance and financial skills beyond the Health Insurance. Michigan Affordable Health Insurance has been the basis of my business, but my company is able to do much more.
In an attempt to communicate this I took out a new LLC name of “DreamProtector Agency LLC” a few years ago. The name is intended to communicate the intent of the company to protect the dreams that we all have. The main tools used to protect the dreams of my clients are insurance products. The idea is to protect ones hard earned assets from loss. I am sure you are familiar with many of them such as health insurance, life insurance, disability insurance, annuities and long term care insurance.
The blogs on this site will attempt to explain how these financial tools work and how to best use them to not only protect, but also how they can be used to preserve an estate and protect it form taxes. This is well know by the rich, but using life insurance to protect an estate from taxes can also be used by anyone with substantial assets to protect, such as real estate and an IRA account.
I am not an attorney, but I have had some legal education and also understand how to use certain legal entities to protect ones estate form the taxman. One of the biggest mistakes is the exclusive use of a “Will” to pass on ones estate. Attorneys favor this as it is a gold mine for them. Maybe you have witnessed how long it takes to resolve a Will and the tremendous court costs and attorney fees. These costs often decimate the estate. Have you ever heard the phrase often used by the rich, “own nothing and control everything”. There is a lot of truth in this statement.
Another gold mine that I would also like to share with you is the area of Real Estate. There has never in the lives of 99% of those living today been such an opportunity as the real estate market today. Do you know that you can self direct your IRA to own or control real estate? If you set-up a ROTH IRA to do this, your profits and or income stream is tax free for life!
I hope you will check the blogs on this often, as I think you will find them interesting and profitable for you and the ones you care about. I hope you will think of me not only as your Affordable Health Insurance man, but also as your “Safe Money” man and your “DreamProtector”.
You can contact me my clicking here.
Richard Evans