08 Apr 2022

Henry Montag, the Managing Partner of The TOLI Center East, made an appearance on Wall Street Week to discuss how his business can help you navigate the life insurance landscape. https://youtu.be/fhwWufOx2FA...

17 Feb 2022

Below is a copy of the handouts I provided for a recent Nassau County Bar Association presentation. During the presentation, I discussed the three distinct 'Living Benefits' life insurance offers the policyholder. Feel free to reach out if you have any questions. You can email me at henry@thetolicentereast.com or call (516) 695-4662....

06 Oct 2021

Paying for long-term care costs for oneself a spouse or a parent is costly.  Ever since the early 1980's I've been providing advice to clients & advisors about the various options available to them. Back then it was, “Should I or Shouldn't I purchase coverage to protect against having to pay the costs associated with a long-term care illness?” Today the question is more focu...

10 Sep 2021

Since this is Life Insurance Awareness Month I've attached a condensed article listing several issues regarding a clients' or their trustees' life Insurance portfolio that an advisor should be aware of to better understand, & help their client maintain or avoid a problem they may not yet be aware of. [embeddoc url="https://thetolicentereast.com/wp-content/uploads/2021/09/Bloomberg...

26 Mar 2021

This article discusses the various types & advantages of Buy-Sell agreements.  It focuses primarily on the benefits of a funded Buy-Sell Agreement for partners or shareholders of a business. The article was written for Accounting Today by Carolyn M. Glynn and Henry Montag....

13 Jan 2021

Employers and employees alike are interested in supplementing their retirement income. Doing so on a tax advantaged basis is always a plus. While life insurance is usually thought of as an estate planning tool primarily used to provide tax-free death benefits to an insured’s beneficiaries, it can also be used to provide a significant ‘‘Living Benefit’’ to the insured during the insured’s...

22 Dec 2020

Let’s say some of your clients did the right thing and purchased a long-term care contract years ago while premiums were much less expensive. They also did so before many typical medical issues started popping up in their mid 60s. Yes, having a long-term care insurance contract is a wonderful thing. It will provide your clients with the dollars necessary to pay for some or all of their e...

23 Nov 2020

You’ve worked hard and saved your entire life to be able to enjoy the lifestyle. However any type of an unreimbursed long-term care expense, be it for a mental or physical impairment can of course completely ruin your and your spouse’s retirement plans. After the well spouse and their family gets over the mental shock, and the adjustment to what must now become the new normal, the realit...

23 Nov 2020

Having a long-term care insurance contract will not only provide your client with the dollars necessary to pay for some or all of the expenses associated with their care, but will provide them with independence and peace of mind, knowing they’ll never be a burden to their kids or spouse....

27 Aug 2020

The life settlement market has significantly enhanced the consumer liquidity value of life insurance planning and management involving senior and impaired risk insured persons. This is of particular interest to many clients today, who are dealing with the harsh economic realities of the current COVID-19 Pandemic....

05 Jun 2020

Between the ongoing COVID-19 pandemic and the recently passed SECURE Act, there are many changes that may impact your or your client's existing life insurance policy.Slashed interest rates and the stock market plunge have further exacerbated an already deteriorating situation whereby a client's non-guaranteed life insurance coverage is expiring prematurely as a result of client neglect a...

03 Jun 2020

Change is something we now very much face with the coronavirus pandemic. This is exemplified by how the CARES Act has modified the SECURE Act, which itself caused sweeping changes to retirement planning.For Accounting Today, Thomas D. Glascock and I discuss, at length, the many changes brought about by our current situation and how they impact various areas of planning including, IRAs, T...

19 Apr 2019

Hybrid long-term care (LTC) policies have become popular over the years, to the point that a law was passed in 2006 (The Pension Protection Act) that offered tax benefits for plans with LTC features. Since many carriers no-longer offer standalone policies, advisors need to a good grasp of the ins-and-outs of this type of product. This article provides an overview. [pdf-embedder url="htt...

04 Mar 2019

[vc_row][vc_column width="2/3"][vc_single_image image="1762" img_size="full" alignment="center"][vc_column_text] Originally published in Accounting Today By Henry Montag & Bill Boersma As a young accountant or professional who is a member of an association, you may well have been offered the opportunity to purchase inexpensive term insurance through that association. You...

29 Jun 2014

[vc_row][vc_column][vc_column_text]Featured Speakers: Randy Whitelaw AEP (Distinguished) - The TOLI Center and Henry Montag CFP, CLTC. - The TOLI Center East June 19, 2014 8:30am -10:00am At Bessemer Trust, 630 Fifth Avenue, New York, 10111[/vc_column_text][vc_column_text][pdf-embedder url="https://thetolicentereast.com/wp-content/uploads/2017/11/NYSSCPA_Flyer_June_2014_PDF.pdf"][...