Entries by Carol LaCombe

Leaving Home – Insurance Concerns

Presented by: Christopher F. Hawthorne, CPCU, CIC When a child moves out of the home, it can be both exciting and heartbreaking. As one phase of life is ending, another wonderful one begins. However, the danger lurking within the parents’ home and auto insurance, as well as within certain privacy laws, can often be overlooked. […]

Living Benefits of Whole Life Insurance

* Tax-free source of cash Cash values can be accessed either as loans or withdrawals to cost basis and then loans Dividends can be taken in cash, as opposed to buying paid-up additions * Supplemental income at retirement for Key Employees using Deferred Compensation Plan Section 162 Executive Bonus Split Dollar Plan * Supplemental income […]

Little Drips Make for Big Waste

Presented by: Alyssa Tkach Every homeowner can attest to the importance of protecting their home. Although many are aware of the potential destruction of disasters such as fires and storms, there is less knowledge overall about the significance of home water leaks. In fact, according to Bloomberg’s article, “The Hidden Property Danger Lurking in Your […]

Healthy Smiles All Year Long

Oral wellness is the foundation for overall health, so regular visits to the dentist for checkups and cleanings are fundamental to making your smile last and preventing tooth decay and gum disease. Even if you don’t have any symptoms, dental exams are important to make sure your teeth and gums stay healthy.  And if problems […]

Shining a Light on Moonlighting

Presented by: Christopher F. Hawthorne Many contractor businessowners face the question of what to do about employees that moonlight at night and on weekends.  Does allowing employees to moonlight put a business in harm’s way?  It could. When an employee moonlights, they are taking on the same general liability, workers compensation, and auto exposures as […]

Commercial Auto Insurance

What is DOC? Presented by Christopher F. Hawthorne, CPCU, CIC Often people own a vehicle that is in the name of a business with no vehicle in their personal name to be used both personally and commercially. This ownership structure puts one in a position of not having auto insurance coverage in certain situations. Commercial […]

Separation, Divorce and Personal Insurance Considerations

Presented by Christopher F. Hawthorne, CPCU, CIC   During the period of a separation and divorce, several issues arise in terms of one’s insurance program.  Unfortunately, the untangling and restructuring of an existing insurance program can be very confusing and is often overlooked.  As an insurance program is rebuilt in what can be a hostile […]

Tax Cut & Jobs Act – Estate Planning Issues

The Tax Cut & Jobs Act now provides each taxpayer an $11.2 million estate tax exemption {very unlike the MA $1 million threshold exemption applicable to Massachusetts residents} – doubling the exemption established by the Obama Administration.  Now is a good time for all clients to review their existing plans with their advisor team to ensure […]

Wellness programs are out. Wellbeing strategies are in.

Something isn’t right. As a country, we are getting sicker every day. Productivity is on the decline, and most employees report not being engaged while on the clock. Relentless increases in healthcare costs are crippling organizations, and the future promises more of the same. We are quickly reaching a crossroads where the cost of healthcare […]

Why Pipe Freezing is a Problem

Water has a unique property in that it expands as it freezes. This expansion puts tremendous pressure on whatever is containing it, including metal or plastic pipes. No matter the strength of a container, expanding water can cause pipes to break. Pipes that freeze most frequently are: Pipes that are exposed to severe cold, like outdoor […]