In this episode, we're joined by Broc Buckles as we break down the essentials of disability insurance, discussing its importance, the different types available, and how it can serve as a crucial safety net for your income. We explore group vs. individual policies, the significance of definitions like "own occupation," and the various riders that can enhance your coverage. Whether you're a financial advisor looking to expand your knowledge or someone seeking to understand how disability insurance fits into your financial plan, this episode is packed with valuable insights. Key Topics Covered: What is disability insurance? Group vs. individual disability policies Understanding elimination and benefit periods The importance of riders like cost of living adjustments and guaranteed purchase options Real-life scenarios and considerations for different professions

In this episode, hosts Thomas Kopelman and Jacob Turner are joined by returning guest Broc Buckles, an expert in the insurance space. Together, they dive deep into the world of life insurance, breaking down the different types, including term and permanent insurance, and discussing when and why you might need them. Key Topics Covered: Overview of life insurance: term vs. permanent How to determine how much life insurance you need The importance of reevaluating your life insurance needs during major life changes Common misconceptions about whole life and indexed universal life insurance Use cases for term and permanent life insurance, including family protection, business agreements, and estate planning Whether you're new to the world of insurance or looking to refine your understanding, this episode is packed with valuable insights and practical advice. Timestamps:00:00 - Introduction00:18 - Disclaimer00:33 - Guest Introduction: Broc Buckles02:03 - Overview of Life Insurance Types02:22 - How Much Life Insurance Do You Need?04:25 - Reevaluating Your Life Insurance Needs11:07 - Common Misconceptions in the Insurance Industry15:10 - Use Cases for Term Life Insurance20:26 - Use Cases for Permanent Life Insurance29:40 - Conclusion

In this episode of the Long Game podcast, Thomas Kopelman and Jacob Turner dive into the often-overlooked topic of umbrella insurance coverage. Aimed primarily at high net worth individuals and those on their way, the discussion highlights the critical importance of understanding this type of insurance and how it can serve as a safety net in the face of unforeseen circumstances. Here are three key takeaways from this episode that you won't want to miss: What is Umbrella Insurance and Why You Need It: Umbrella insurance acts as an additional layer of protection on top of your existing auto and homeowners insurance. It’s designed to cover you in the event of a major liability claim, which can be financially devastating. We discuss a real-life scenario where a car accident could lead to a $3 million payout, and how umbrella insurance can help mitigate that risk. If you have assets to protect, this coverage is essential! Affordability vs. Value: Many people assume that comprehensive insurance coverage comes with a hefty price tag. However, we break down the costs and reveal that umbrella insurance can be surprisingly affordable—often ranging from $150 to $500 a year per million in coverage. When you consider the potential financial ruin from a single lawsuit, this investment is a no-brainer! Understanding Exclusions and Risks: Not all umbrella policies are created equal. It’s vital to understand the nuances of your policy, including any exclusions that may apply. We share a cautionary tale about a client whose umbrella policy didn’t cover a dog bite incident because the breed was excluded. Always consult with your insurance professional to clarify what your policy covers and what it doesn’t. In this episode, we aim to explain umbrella insurance and empower you with the knowledge to make informed decisions about your financial protection.

In this episode, co-hosts Thomas Kopelman and Jacob Turner dive deep into the world of homeowners insurance, especially for high-income and high-net-worth individuals. With recent events like hurricanes affecting many, understanding the nuances of homeowners insurance has never been more critical. Thomas and Jacob discuss the importance of having the right coverage, what to look for in your policy, and how to avoid common pitfalls that could leave you underinsured. Key topics covered in this episode include: The significance of dwelling coverage and how to determine the right amount. Understanding other structures and personal property coverage. The importance of loss of use coverage and what it entails. Personal liability and medical payments: what you need to know. Tips for optimizing your insurance structure to save money while ensuring adequate protection. Whether you're a homeowner or just starting to think about insurance, this episode is packed with valuable insights to help you protect your most significant assets.

Most high net worth people think insurance is less important for them, but that could not be further from the truth. Insurance is so important for high net worth people but the way you structure policies is very different. This is part 1 of an insurance series where we go over auto, what to look out for, what you want in your policy, etc.

In this episode with Callie Cox, we talk about the recent FED rate cut and what it means for you. We then go into tilts we have in our portfolios, what we think about the markets over the next couple years, and much more as it relates to investing.

This is part 2 of a series of estate planning for business owners. In this episode with Dave Haughton, we use an example and plan for a business owner who will be over the estate tax exmeption. We think about structures like: - family limited partnerships - charitable remainder trusts - SLATs - Dynasty trusts - trusts in various states And talk through what each of these are and the benefit they can have.

Estate planning is important for everyone. But even more important for business owners. If you were no longer able to make decisions for your business, what would happen? If you answered you have a POA or you don't know, then you need to get on this ASAP. In this episode, we have Dave Haughton on to talk about: - Trusts vs wills - Why most business owners need trusts -Why POAs are not enough - Real estate holdings and the need for LLCs And much more!

It's no secret that interest rate changes are coming. With that comes a lot of good like lower mortgages and cheaper borrowing on other loans. But is also means lower rates on cash, bonds, etc. In this episode we go talk about what is happening and what it means for you. We talk about refinancing, recasting, what you should do with your cash, etc.

Real estate is something almost everyone wants to invest in. Why? Because of 'passive income'. But is real estate really that passive? Or is it as easy as people make it out to be? In this episode with Raj Tut, we talk: - his journey with investing in real estate - how you have to view it like a business - mistakes others make (and one's he has made) - what to look for when investing in a fund