Reader’s Question: How do Cash Value Life Insurance Plans work? And should I listen to my life insurance agent/ friend here in New York and get one? Brent New York, NY Cash Value Life Insurance Policies are a kind of life insurance that is meant to be kept for the duration of the insured individual’s [...]

Reader’s Question: I’m thinking of getting either a trust fund or a life insurance for my 5-year old daughter here in New York. Which one would be better? Seth Brookhaven, NY This is a very interesting question. What you want is to invest money for your daughter’s financial future. What you need to know now [...]