Finfit LIFE with Lorinda

Finfit LIFE with Lorinda Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Finfit LIFE with Lorinda, Insurance Agent, Honolulu, HI.

FINFIT LIFE brings health and financial services together to provide solutions to keep individuals and families protected, rewarding them for healthy choices, while providing financial services for their financial goals.

Getting our learn on.MINDSET MATTERS.
09/07/2024

Getting our learn on.

MINDSET MATTERS.

08/13/2024

All those small steps lead you to where you want to be. Just keep going.

08/10/2024

What's a Personal Pension Plan?
Something better than a 401K or an Employer-provided pension plan. That's what it is.

Check Comment for More Info.

Warren Buffet has two rules: 1. Never lose money. 2. Never forget rule number 1.Have you looked at your stock market por...
08/05/2024

Warren Buffet has two rules:
1. Never lose money.
2. Never forget rule number 1.

Have you looked at your stock market portfolios/ variable market portfolios lately?

This is the funniest thing.6 pts til Platinum. Don’t worry— I’ll hit it tomorrow
07/21/2024

This is the funniest thing.
6 pts til Platinum.

Don’t worry— I’ll hit it tomorrow

Simply AMAZING news. Just AMAZING.
07/12/2024

Simply AMAZING news. Just AMAZING.

How the wealthy do it…Yes there are many ways to gain and maintain wealth, but wealthy families leverage life insurance ...
05/24/2024

How the wealthy do it…

Yes there are many ways to gain and maintain wealth, but wealthy families leverage life insurance to fund their lives.

The Rockefeller family, known for their immense wealth and business acumen, strategically used life insurance as a tool to preserve and transfer their wealth across generations. They leveraged life insurance in several ways:

1. **Estate Planning and Tax Benefits**: Life insurance proceeds are typically exempt from income tax and can be structured to avoid estate taxes. The Rockefellers used life insurance policies to provide liquidity for their estates, ensuring that their heirs could pay estate taxes and other expenses without having to liquidate valuable assets.

2. **Wealth Transfer**: By taking out life insurance policies and naming their heirs as beneficiaries, the Rockefellers could pass on significant wealth directly to the next generation without the wealth being subject to probate or public scrutiny.

3. **Creating Trusts**: The Rockefellers often used life insurance policies as assets within various trusts, including irrevocable life insurance trusts (ILITs). This method helped them control how their wealth was distributed while minimizing estate taxes and providing financial benefits to the trust beneficiaries.

This strategic use of life insurance allowed them to maintain and manage their wealth efficiently, ensuring long-term financial stability and legacy preservation.

Let’s talk about how YOU can too!

WE’RE FINALLY IN CANADA!!!!🇨🇦 This global movement is like no other. COME JOIN US!!
05/10/2024

WE’RE FINALLY IN CANADA!!!!🇨🇦

This global movement is like no other. COME JOIN US!!

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