Blueprints For Tomorrow

Risk Resource is a national life insurance firm dedicated to providing advanced solutions for both business and estate planning. Driven by a steadfast commitment to safeguarding the financial well-being of our clients, we believe in empowering individuals, families, and businesses to secure their futures with comprehensive insurance and succession planning strategies. The foundation of our practice lies in open communication, detailed analysis, and a personalized approach that meticulously addresses each client's unique needs and objectives. Our team of highly experienced professionals works diligently to educate and guide our clients through the complexities of the life insurance landscape, ensuring they make informed decisions that align with their overall financial goals.

Our Business Planning Services

We understand that a successful business is built on a strong foundation, and that foundation often includes meticulous planning for all contingencies. Our team of experts specializes in crafting customized business planning solutions tailored to the specific needs and goals of each client. This includes:

• Buy-Sell Agreements: These agreements provide a structured framework for the transfer of ownership interests within a business, ensuring a smooth transition in the event of death, disability, or other unforeseen circumstances.

• Key Person Insurance: Safeguarding your business from the potential financial impact of a key employee's untimely departure by providing a financial safety net in the event of their death or disability.

• Executive Bonus Plans: Attracting and retaining top talent by offering valuable financial incentives, including life insurance riders, as part of an executive compensation package.
• Collateral Assignments: Leveraging existing life insurance policies as collateral to secure business loans, offering an alternative financing option with potentially favorable terms.
• Business Valuations: Accurately determining the fair market value of a business for various purposes, including buy-sell agreements, succession planning, and estate planning.
• Retirement of the Owner Carefully planning the transition of ownership and management responsibilities, ensuring a seamless and successful exit strategy for the business owner.
• Stay Bonus Agreements: Incentivizing key employees to remain with the company by providing them with a financial bonus contingent upon their continued employment for a specified period.

Our Estate Planning Services

At Risk Resource, we believe that responsible estate planning is essential for securing the financial well-being of your loved ones and preserving your legacy for generations to come. We offer a comprehensive range of planning services, including:

• Life Insurance: Providing a financial safety net for your family by ensuring a designated beneficiary receives a death benefit to cover expenses, debts, and future needs.

• Indexed Universal Life (IUL): A flexible life insurance product that offers the potential for cash value growth linked to market performance while providing tax-deferred growth and death benefit protection.

• Irrevocable Life Insurance Trusts (ILITs): Utilizing trusts to hold life insurance policies and minimize estate taxes, ensuring that your beneficiaries receive the full death benefit.

• Life Insurance Audits: Conducting thorough reviews of existing life insurance policies to identify potential areas for optimization, cost savings, and improved coverage.
• 1035 Exchanges: Facilitating tax-deferred exchanges of existing life insurance policies for more beneficial options, preserving existing cash value and death benefit.

• Disability Insurance: Protecting your income and financial security by providing income replacement in case you become unable to work due to illness or injury.
• Annuities: Providing guaranteed income streams through fixed annuities or market-linked options, ensuring financial security during retirement.
• Long-Term Care Insurance: Designing a long-term care plan that addresses potential healthcare expenses associated with aging or chronic illness, protecting your assets and ensuring access to desired care.

• Life Settlements: Exploring life settlement options as an alternative to surrendering a policy, potentially unlocking a significant portion of the policy's cash value.