Marvin H. Feldman, CLU, ChFC, RFC, President and CEO of Life Happens

Marvin H. Feldman, CLU, ChFC, RFC, President and CEO of Life Happens

Marvin H. Feldman, CLU, ChFC, RFC, is president of the Feldman Financial Group in Palm Harbor, Fla., and president and CEO of Life Happens. He is a 41-year Million Dollar Round Table member and was the 2002 president. He is a 33-year member of the MDRT Top of the Table and a past Top of the Table chairman. He also is the recipient of the 2011 John Newton Russell award, the highest honor bestowed on an individual by the insurance industry.

March 23, 2015

They Tried to Steal—From My Life Insurance!

Well, it has finally happened. Someone out in the vastness of the internet was able to obtain my personal information and use it to try to fraudulently withdraw funds from my accounts. But this was not the normal type of fraud. This was someone who contacted an insurance company where I owned my life insurance policies.

These fraudsters managed to change the mailing address on all of the policies id fraudalong with the email address the company had on record. Because these were permanent policies, they had accumulated substantial cash value over the years. So, the next day they requested the loan and surrender values on two of the policies.

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February 10, 2015

5 Questions Expecting Moms Have About Life Insurance

Both working and stay-at-home moms need protection because what they do for their families is so valuable. While a stay-at-home mom isn’t compensated for her work, if something were to happen to her, it would be expensive to replace all those things she does—from childcare to home care to ensuring the family gets where they need to go when they have to be there.

The difference between the two is that a working mother also contributes an income, which may be critical to the family financially. That means she needs to think about replacing that income when considering how much life insurance coverage she may need.

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January 6, 2015

You’re Planning for Retirement. Do You Still need Life Insurance?

Let’s be realistic. If you have an adequate investment and pension portfolio, if you have made provisions for your health care costs, if you have no one relying on you for financial support, maybe, just maybe you can afford to retire. If not, life insurance is something you may want to consider.

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October 7, 2014

Insuring the Times of Your Life

If you have people you love and who depend on you, or you have financial obligations to meet, you need life insurance to protect against the “what ifs”—at every stage in life.

Single: You may think you don’t need life insurance, since you have no dependents, but if you owe money, you need it. It ensures that your debts, including student loans, won’t be passed on to your family. Plus, life insurance will never be cheaper than when you’re young and healthy.

Married: As you begin your lives together

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August 28, 2014

Are Your Tax Bills Rising? Life Insurance May Be the Answer

Here is one way to eliminate those pesky capital gains on mutual funds. Purchase cash value life insurance. The earnings on the cash value of life insurance are tax deferred until you take the cash out, and if you take this as an income stream, the tax can be minimized or even eliminated. Many companies call this type of plan a Supplemental Life Insurance Retirement Plan. This takes some careful planning, but your agent or advisor can set one up and tailor it just for you.

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