A savings account with your local bank is a smart investment. But how many benefits does it provide for you and your family outside of earning interest? The best savings account for financial security, protection and generational wealth is a life insurance policy. Factum Financial is a leader in providing guidance […]
Most American households are now deep in debt. Total debt, which includes mortgages, student loans, car loans, credit card and other fiscal obligations, dipped during the Great Recession. However, as the economy recovered, so did buying on credit and overspending. As a result, Americans’ debt hit a new high of $13 […]
The Life Insurance Journey A generic Google search will tell you that the life insurance journey begins with a binding agreement between a policyholder and an insurance company, in which the latter pledges to pay money to a deemed beneficiary when the policyholder dies. Furthermore, the policyholder pays a premium to […]
Transfer Your Wealth Utilizing your life insurance policy to the fullest extent is a keen way to create generational wealth. The advantageous concept allows you to transfer your wealth you have accumulated to your family and their subsequent families. One such policy offered by Factum Financial is a Dividend Paying Whole […]
Are There Consequences? Life insurance is designed to provide financial security to your loved ones in the event you pass away. There are a variety of life insurance companies, types of policies and riders that can be added to them. But, whole life, a form of permanent life insurance, offers ways […]
How Do The Changes Affect You? The 2017 Tax Cuts and Jobs Act had many Americans envisioning more money in their paychecks and companies anticipating huge tax savings. While it does affect several sectors of the U.S. economy, the impact on individuals and families will be clearer at tax time. However, […]
In today’s world, you can quickly educate yourself on any topic via the internet. You have probably even performed an online self-diagnosis regarding an ailment or two. However, when it comes to establishing a legacy of long-time wealth, the expertise of a professional firm is essential. Factum Financial simplifies complex financial […]
When someone mentions building wealth outside of the stock market, people often think of purchasing real estate, one of the oldest forms of accumulating wealth. They also imagine the purchase of precious metals or, nowadays, Bitcoins and other cyber currencies. These methods have been successful for some, but they require the […]