Tag: legacy planning

Do Ultra-High Net Worth Individuals Need Life Insurance?

Do Ultra-High Net Worth Individuals Need Life Insurance?

I love this question, especially when it comes to me from my high and ultra-high-net-worth clients: But Rickson, do I really NEED Life Insurance?  You see, for the ultra-high net worth individual ‘need’ is evaluated differently. It’s not an affordability conversation. There is no opportunity cost because when you’ve got unending means and resources, tapping into one opportunity doesn’t mean…

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Planning Your Estate as a Muslim – a Life Insurance Hack

Planning Your Estate as a Muslim – a Life Insurance Hack

If you are of Arab or Islamic origin, legacy planning can become tricky when you are also required to follow the Shariah law. As the creator of impressive wealth accumulated over the years, how would you distribute those assets among the beneficiaries of your choice? If you’d like for one of your heirs to receive more than the other, for whatever reason, while ensuring that the rest of your assets are…

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