The director of the planned giving department at a charitable organization just sat down with the organization’s chief financial officer for their monthly meeting. In addition to the usual items on ...

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Last fall a certified financial planner called me about two clients. The husband and wife, both 78, had a $2 million guaranteed universal life policy sitting inside an irrevocable life insurance trust ...

Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you're still alive, to pay for necessities now?

You can maximize a life insurance policy and reap its benefits while you're alive by taking advantage of features like loans, withdrawals, and riders. You can also "sell" it and receive your life ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...