Which life insurance for each stage of your life? THE ART OF ELDER LAW For more than 30 years the elder law firm of Ronald Fatoullah & Associates has been providing New Yorkers with legal solutions that protect, relieve and endure for generations. Our dedicated attorneys are skilled in the art of giving legal advice and are accomplished in elder law, Medicaid eligibility, estate planning, trusts, estate mediation, wills, asset protection, guardianships, probate and most issues associated with the challenges of aging. Our distinguished reputation is based on a commitment to the highest ethical and professional standards and our core values of honesty, integrity, and excellence. “We won’t settle for anything less”. 1-877- ELDER LAW 1-877-ESTATES Queens • Long Island • Manhattan • Brooklyn ATTORNEY ADVERTISING BEST OF THE BORO 2015 AQUEENSCOURIER.COM 33 Many of life’s different stages offer challenges and rewards - whether you’re starting out on your own, raising a family, focusing on your career or preparing for a rewarding retirement. However, while each life stage is unique, making sure your loved ones are cared for financially is something that needs to be addressed along the way. Thrivent Financial offers these things to keep in mind as you enter each life stage: Early carEEr Surprisingly, when you’re young and at your healthiest is the ideal time to get your first life insurance contract. Your family and your financial future are counting on you continuing to earn a living. Life insurance will ensure your loved ones aren’t left dealing with your financial burdens if you pass away. Because you are young and healthy, a basic policy may be the most affordable depending on your needs. GrowinG familiEs (and incomE) Young children at home can bring untold joy to a family. Unfortunately, this idyllic picture can be easily shaken if an untimely death occurs. Term life insurance can offer affordable coverage for you and your loved ones. Term insurance can be easily enhanced with additional options (called riders) to ensure your protection stays adequate as your family grows and your earning potential increases. lEGacy and rEtirEmEnt planninG As you enter your peak earning years and get closer to retirement, you will likely face more health risks. Converting from term coverage to permanent life insurance is a way to ensure lifelong financial protection. Permanent insurance is guaranteed to be with you for the rest of your life as long as you continue to pay the premium and your provider stays in business. This is one of the many reasons you should look for an organization with a track record of financial strength and stability. Permanent insurance contracts also allow you to begin to plan your legacy as they give you the option to include a favorite charity or cause as a beneficiary. rEtirEmEnt As you enter your later years, you are now ready to take advantage of all those years of planning for retirement. Make sure you take time to meet with a financial professional to ensure your retirement needs haven’t changed and that you still have the right financial plan in place. These years are also time to focus on the legacy you want to leave behind for your children and grandchildren, as well as organizations that you support financially. Life insurance, like life itself, has many stages and options for you to consider. It is an invaluable tool to ensure that those you leave behind are financially protected. It can also have many additional benefits to you and your loved ones beyond the basic death benefits. Taking the time to obtain professional advice about protecting those you care about is an important first step to knowing your best options.
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