THIS IS YOUR LIFE
By Del Mattioli
CYCLES OF LIFE
The cycles of life: newborn children to age 18,
young and single ages 19 to 30, married couples
with children, single parents, non-working spouse,
married “empty nesters” ages 50 to 65. What
do all cycles have in common? EVERY ONE IS
VALUABLE TO SOMEONE ELSE!
valuable & NOBODY IS A NOBODY!
PHILANTHROPIC FOCUS: To reduce poverty
Del Mattioli
Contact Del Mattioli for more information about guaranteed FREE Life Insurance to benefit
children’s educational opportunities.
Del Mattioli, MBA, LUTCF, CLTC - Mattioli and Associates / MassMutual Financial Group;
www.massmutual.com/lifebridge; Telephone: 919-201-2404; E-mail: delmattioli@gmail.
com
The day will never come that anyone will NOT
need insurance. Protection, charitable intent,
passionate about sharing, or providing cash for that rainy day must be
funded.
Children are insured for final expense, future insurability, lock-in rate,
money for future use and access to parents. Children may be riders on
guardian’s coverage or may have separate plans.
The young and single (invincible age group) are insured to show
responsibility, protect insurability, rate lock, future value, forced thrift
planning, credit reference, collateral and convenience to borrow from self.
The opportunity to love someone else is valuable for singles. What a
loving way to appreciate parents or guardians that may have guaranteed
loans and funds for college, a business opportunity, a new home or
vehicle. Early protection lessens the burden when premature death
occurs! Income from a part time job may support a low premium.
Young Married Couple with Children- most vulnerable! Mortgage or
rent, educational, emergency, child care and income replacement must
continue. When premature death occurs, an income shortfall occurs
both from loss of income for the family and a social security shortfall for
the children.
Single Parents are at a very high risk because the children are left in
the most unfortunate way. Quote by Cliff Davis, “If there is a place in
heaven –you’re it.” Single parents love their children and they realize
that it is tacky to leave kids with someone with inadequate funds to work
with to raise their children. Single parents must make wise beneficiary
designations: family, guardian or trustee is recommended. The chosen
beneficiary should be available, bonded, competent and somewhat
familiar with the children’s needs. Probate can be a nightmare if
proceeds are left to the estate—creditors may claim against the estate.
Contractual beneficiaries help to make the proceeds judgment proof.
The Non-Working spouse commonly known as the traditional
homemaker or domestic engineer is most valuable to the children and
spouse especially during the growing up years. Buying time from 10 or
20 years with a face amount of 100,000 or 250,000 may ease the burden
of the left-behind spouse.
Married “empty nesters” have dominant motivations. Final
debts, funeral arrangements, gifting to children while alive, pension
maximization, making benevolent gifts, providing for spousal income
during the blackout period, long term care transfer are concerns for
empty nesters or retirees. Insurance for estate taxing purposes are
recommended to avoid additional expenses for adult children.
Let’s make GREAT PEACE! Give now and forever! Everyone is
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SPECTACULAR MAGAZINE | May 2014 | www.spectacularmag.com