by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Sep 12, 2019 | Featured, Life Insurance
September is Life Insurance Awareness Month (LIAM), and as a big producer I like to joke that I love Life Insurance so much that I would name my second son Liam after the month. Im used to hearing all the pros and cons about life insurance. However, I see few real...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 9, 2017 | Life Insurance, Real Estate
Real Estate Investors Utilize Infinite Banking Concept Whether using this strategy for down payments or entire property purchases, the infinite banking concept enhances the real estate investors overall returns. The concept and reasons for using this concept are...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 15, 2017 | Featured, Life Insurance
Why and How Banking in some form has been around for thousands of years. It is responsible for untold wealth for lenders but the model can be replicated by average families to create and preserve wealth. However, despite its longevity, ask yourself if you’ve...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 28, 2016 | Featured, Life Insurance
When you take out a life insurance policy, you pay premiums in the expectation that when you die, your spouse and/or your children will receive the death benefit. But audits of the nation’s leading insurance companies have uncovered a systematic, industry-wide...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 7, 2015 | College Planning, Life Insurance, Palma Financial Services
Recent Interview with US News on College Saving Plans I was recently interviewed by US News Education on what are the best types of College Savings Plans. It was a great experience to share my own plans that I put in place years ago for my daughter. Seeing the results...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Sep 4, 2014 | Life Insurance
You’ve worked hard to create a lifestyle for yourself and your family. Life insurance is there to protect it when you are gone. Unfortunately, the Federal Government would like to get as much of that cash as they can through death taxes. There are 7 major errors...