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Newsletters>
February Newsletter
February 1, 2008
SMALL BUSINESS CONTINUATION PLANNING
AND LIFE INSURANCE APPLICATIONS
Most small businesses have never been professionally valued
nor have their owners made a plan for the continuation or
sale of their business. Thomas F. Brannan, CLU, ChFC will
present the basic concepts of how life insurance can be
incorporated into business continuation planning. Advisors
who have small business owners among their clientele need
to understand the concepts and options available for this
important but often neglected subject.
In 2006, Mr. Brannan joined Hartford Life as Account
Executive partnering with licensed life producers of North
Alabama as point of sale specialist continuing to focus on
wealth transfer, estate planning and business continuation
planning opportunities with life insurance solutions.
PRESIDENT’S MESSAGE
CHARLES J. (PETE) MCCARN, CFP®
Well, I have been right about a couple of things since the
last newsletter....the markets are providing plenty of
stimulation, and politics...well, it’s downright combative.
I think it is going to be like this for a good while.
This is an important time for us. It is a time when our
clients are uncomfortable every time they turn on the news
and hear of some new debacle in the financial markets.
Even if they subsequently find that it really not as bad as
it seemed, the uncertainty is enough to make them very
anxious. This is a time that our profession can make a
positive contribution by simply calling our clients and
listening to them.
We acknowledge that we are fiduciaries...that we will serve
our clients’ needs first and foremost. Right now, our
clients need to hear from us. Sometimes it’s a “shoulder
to cry on” that they need, but more often, it is just to
know that we really care about them. All clients are
different...only you can know what you need to tell
them...but listen to them first. Let them tell you how they
feel.
I am very pleased to have the opportunity to listen and
learn from you, my colleagues, as well. Please let me know
what programs or processes you would like to support as a
committee member. In one hour a month, you can materially
help us advance the profession!
We really are FPA...and it’s important.
Pete
FPA MEMBERSHIP BENEFIT
The Virtual Learning Center at www.fpanet.org consists of a
one-two hour simultaneous audio and Web-based presentations
with the opportunity to ask questions of the expert speaker
for about 10-15 minutes at the conclusion of the seminar.
By participating for the duration of a live event that
qualifies for Continuing education credits, you will
automatically have your credit reported for you by the FPA.
The most popular learning modules offered in the Virtual
Learning Center will be archived and made available for
those who are not available to participate in the scheduled
session. Occasionally, FPA members can attend a VLC
session and obtain CE credit for FREE. To register, go to
www.fpanet.org
Dates for February are:
Wednesday, February 13th, 1pm-2pm CST: Evaluation of the
Financial Plan: The Annual Meeting, Elizabeth Jetton
(replay) 1.0 CE approved.
Friday, February 15th, 1pm-2:30pm CST: Tales of the Tax
Return, John Napolitano (replay) 1.5 CE approved.
Wednesday, February 20th, 1pm-2:30pm CST: Multi-State and
Multi-County Estate Planning, (rebroadcast) 1.5 CE
approved.
Friday, February 22nd, 1pm-2pm CST: Making the Most of
Your IT Consultants,
(free for FPA members, PM, no CE).
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