Life Insurance in a Low Interest Rate Environment

Date: Tuesday, December 10, 2013
Time: 12:00 PM - 1:30 pm
Location: The City Club, 850 Euclid Ave.
Speaker: Larry Rothstein, CLU®, AEP®


The Estate Planning Council of Cleveland is delighted to co-host this program with the Cleveland Metropolitan Bar Association Estate Planning, Probate & Trust Law Section. 


LOCATION:       The City Club, 850 Euclid Ave., Cleveland (Reduced parking fees are available on a space-available basis at Ampco Euclid Gateway Garage, located at 740 Euclid Ave. with entrances on Euclid & Prospect, to those that enter after 11:01 am and exit before 2:29 pm.  Guests must present ticket to The City Club for validation.)

About the program…

Since many estate plans contain life insurance, it is critically important to properly evaluate the viability of policies in a sustained low interest rate environment.  Nearly all life insurance policies are impacted to some extent by interest rates.  Older policies were likely purchased when interest rates were much higher and those original funding levels may be insufficient to maintain coverage to mortality.  Advisors need to have a working knowledge of the potential impact this may have on their clients and what alternatives might be available.  The increased estate and gift tax exemption may also indicate a potential change in the goals and objectives of life insurance used in an estate plan. 

About the speaker…

Larry Rothstein has spent more than 28 years in the insurance and financial services industry.  As an insurance advisor and consultant, Larry works with clients and their advisors to implement insurance strategies for estate, business, and personal planning situations.  Previously, Larry was a wealth management consultant and regional sales director for a major life insurance company while also serving on the product development and underwriting committees.  He has authored and instructed courses for the Ohio Department of Insurance and Accountancy Board of Ohio.  Larry is currently a board member for the local chapter of the Society of Financial Services Professionals and the Jewish Family Service Association.  In the past, he has served on the board for the International Association for Financial Planning, the Financial Planning Association, and the National Association of Insurance and Financial Advisors.  He is currently a member of the Estate Planning Council of Cleveland, National Association of Estate Planners & Councils, and Advanced Association of Life Underwriters.

Emily Shacklett, CPA, AEP®, EPC Program Chair & Julie A. Fischer, CMBA Program Chair

Reservation Policy – All attendees are encouraged to register in advance and walk-in reservations will be accepted on a space-available basis only.  Meeting cost is $25 for members or either association when paid in advance before noon 12/09/13.   Meeting cost is $35 for members at the door and $35 for guests.  If you reserve and are unable to attend, please call the office to cancel by noon 12/09/13 to avoid a no-show reservation billing.

Purchase a table at the monthly luncheon… $200 / six guests. (Submit names to by 12/06/13.)

Continuing Education – EPC Cleveland will request credit for this program from the CFP® Board of Standards for CFP® designation holders.  In addition, a certificate of completion will be available for those CTFAs, CPAs, and CWS designees that feel the program satisfies their continuing education requirements.  The CMBA will provide CLE for attorneys.

To reserve, click "Register Now!" below.

See Upcoming Event Calendar