Beamalife Blog

Disability Insurance

8 Tax-Efficient Retirement Plans for Your Business

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Table of Contents Popular Retirement PlansConclusion The first priority of every business is making a profit.  And unless you’re a sole proprietor, your workforce is one of the keys to

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529 College Savings Plans

529 College Savings Plans Pros and Cons

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Table of Contents What, exactly, is a 529 plan?(1) Section 529 College Savings Plans:(2) Section 529 Prepaid Tuition Plans:The Pros of 529 College Savings PlansThe Cons of 529 College Savings

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Is Whole Life Insurance Attractive

If Whole Life Insurance Is So Attractive, Why Haven’t I Heard?

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Table of Contents Why aren’t there ads on television and in the newspaper highlighting these tremendous benefits?A fear of losing these advantages certainly does exist.Explanation So you’ve read about how

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3 Traps to Avoid When Seeking out the Best 401(k) Plans

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Table of Contents Common traps for small business owners1. Investment Bias2. Employee Expenses3. Poor Plan Protection In addition to providing retirement benefits for small business owners and their employees, the

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Effect of Interest Rates Changes

The Effect of Interest Rates Changes on Your Financial Situation

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Table of Contents The Purpose of InterestSupply and DemandThe Role of the FedRelationship to Prime RateThe LIBOR ConnectionConclusion When discussing bank accounts, investments, loans, and mortgages, it is important to

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Capital Gains Tax on Property or Investments

6 Tips to Manage Capital Gains Tax on Property or Investments

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Table of Contents Understand Capital Gains TaxTips to Manage Capital Gains TaxConclusion If not tracked and managed properly, capital gains tax can come as a large surprise at tax-filing time.

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Pros and Cons of Whole Life Insurance

The Pros and Cons of Whole Life Insurance!

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Table of Contents What is whole life insurance?The Misconception of Whole Life PolicyWhole Life Insurance BenefitsAdvantages or Pros of Whole Life InsuranceDisadvantages or Cons of Whole Life insuranceConclusion What is

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Advance Medical Directive or a Living Will

Why Does a Doctor Need an Advance Medical Directive or a Living Will? Find Out to Protect Your Assets!

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Table of Contents Why do you need advance medical directive and living will?Doctors need advance medical directives more than anyoneWhat inspires the decision making process?What is a healthcare power of

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Small Businesses Involve Family in Estate Planning

How Can Small Businesses Involve Family in Estate Planning to Become More Tax Efficient?

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It takes years to develop a business. You must still remember the first day you decided to practice privately and started looking for real estate to support your dreams. Sometimes

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private clinic or a co-owned clinic

What Will Happen to Your Clinic and Your Property Once You Are Gone?

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Table of Contents Even the best doctors can sometimes be bad business plannersTake the first step: find a descendantAlways prepare for the worst and hope for the bestSect 6166 is

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