New York Life Premier Services

Growing up on a farm in a place called Paradise Hill sounds like heaven for anyone, but at 6 years old, Nautilus Member Agent Tyson Vines watched as his family’s dairy business was sold off, piece by piece, just days after losing his grandfather. Years later, Tyson got a call from his father that made him wonder if history was going to repeat itself. Watch Tyson’s story to learn how his father created a new legacy for the Vines family. The Nautilus Group is a service of New York Life Insurance Company.

Year after year, Nautilus Member Agent Tim FitzGerald tried to get his client John covered by life insurance, but John kept putting off writing the check, instead sending Tim to his attorneys so he could get the coverage as part of his compensation package. When Tim finally told John, this is not going to go through your business, John then made Tim go talk to John’s wife! Watch this video (3:11) to see what impact this client’s stubbornness had, what impact Tim’s persistence had, and why this story, says Tim, “validates everything I do for a living.” Tim Fitzgerald is a Member Agent of the Nautilus Group, a service of New York Life Insurance Company.

As a fiduciary, your role may include periodically reviewing your clients’ life insurance policies to make sure the coverage meets the need. This useful tool guides you through the issues and questions to consider for the insured, the policy, and the insurance provider, and can help ensure your responsibilities are being met as a fiduciary for your clients. https://bit.ly/3Ao1K0T

Nautilus Member Agent Bill Lyon shares the story of his client, Noelle, a free spirit who would rather spend her time helping others than think about herself. Watch Bill’s story to see how this remarkable woman reacted to the news that she would not watch her daughters get married, after all. The Nautilus Group is a service of New York Life Insurance Company.

In this Real Life Story, Nautilus Member Agent Jerry Coats recounts working with a third-generation farmer named Bill, whose son, Larry, wanted to raise cattle rather than crops. Larry found just the right bull and happily flew off to buy him with three years’ worth of expected farm revenue in his pocket, a huge investment in his dream of expanding the family business. Watch Jerry’s video to see how this story proves that while dreams can be risky, smart business owners – with the help of their trusted financial professionals – can mitigate that risk and chase their dreams in a responsible way. The Nautilus Group® is a service of New York Life Insurance Company.

Electing to receive Social Security benefits prior to reaching full retirement age may not be the best decision. Read this article to learn why waiting until full retirement age (or later) can substantially increase the ultimate Social Security benefit received. https://bit.ly/3zqfjw9

Clients often spend time and financial resources to establish a will and estate plan, but a small percentage of wills may still be contested. This article discusses the benefits of having an experienced estate planning team that can recognize the risks of a will contest, offer strategies to stop potential challengers, and decrease the likelihood of a successful will contest. https://bit.ly/45DBsmK

Without a plan, a beloved pet may be abandoned or euthanized upon the owner’s death. While many pet owners are well aware of this potential issue, few take any action and devise a plan. Read this article to learn how incorporating provisions for a pet in a will or trust, establishing a plan with a rescue organization, or creating a pet trust can help ensure that a beloved pet is well provided and cared for should it outlive its owner. https://bit.ly/45Ec7ZX

A significant number of Americans have no estate plan in place, which could be due to several factors: not making time to address a seemingly far-off problem, avoiding potentially difficult conversations and decisions, not wanting to think of one’s mortality, or the perceived high cost of working with attorneys and other professionals. However, failing to plan can have consequences that could be very costly both financially and in terms of an undesirable outcome, delay, and family disharmony. This article describes general estate planning considerations involved in the process and the types of documents typically incorporated into an estate plan. https://bit.ly/3RHuTtS

The first generation builds it, the second manages it, and the third squanders it. This common rags-to-riches-to-rags phenomenon motivates many families to develop a generational wealth plan. But while today’s wealthy seniors are likely to die with far more assets than they’ll ever need, the ever-increasing costs of higher education, homeownership, and health care, coupled with increased spending, decreased saving, and greater longevity, could mean scant wealth remains to leave a legacy for their children and grandchildren. This article describes a solution that can provide both income replacement during one’s working years and a means for guaranteeing long-term family wealth. https://bit.ly/3L03GyC *All guarantees are based on the claims paying ability of the issuing company. The primary purpose of life insurance is death benefit protection.