Your Future is Our Primary Focus and our Best interest !

At BestFamilyName, we are committed to building relationships based on trust , rather than merely conducting transactions. Our goal is to make a meaningful impact, not just close deals. We value determination and gratitude and seek to collaborate with individuals who aspire to create lasting generational wealth. We cherish timeless values like honesty, kindness, and generosity, and look forward to partnering with those who share these enduring principles.

Asset Management: 

Optimize investment returns, Minimize risks, and preserve and grow the value of assets (Stocks, Bonds, Mutual Funds, ETFs, etc.)

Michael Tran, our Founder,  is a SEC registered investment advisor representative (IAR) of Portfolio Medics, a SEC Registered Investment Adviser (IA), which currently has almost $400 Million in assets under management.  We are not State registered because it’s only for smaller firms with $110 Million or less in assets under management.  You can rest assured about the professional work from our IA.  The Asset managers at our firm oversee investment portfolios, which may consist of stocks, bonds, mutual funds, exchange-traded funds (ETFs), and other financial instruments. They make investment decisions based on their client’s goals and risk tolerance. Our RIA works with third-party custodians. That means that your assets are held by an independent third-party custodian, such as  TD Ameritrade or Charles Schwab which is the largest investment services firm, with around $8.52 trillion in client assets.  We work with multiple outside money managers to bring sophisticated investment
strategies within reach of everyday investors — strategies that are typically beyond the scope of traditional buy-and-hold portfolios. By turning to these managers, we are able to eliminate conflicts of interest and keep client goals the focus of our investment strategies. We have many strategies from passive (buy and hold), blend (passive & active), or active (actively managed) for your needs. 

Kai-Zen Strategy: 

Increase Your Retirement Income 60 – 100%

Kai-Zen is a strategy that helps you maintain your current lifestyle with an index life insurance policy that provides death benefit protection and living benefits in the event of a serious illness, premature death, or an inability to sufficiently save for retirement. The distribution is Tax-Free Income and the principle is protected from the Market drops. It also provides insurance needed to cover estate tax, key man, buy/sell, or succession planning for business owners. The most unique and compelling aspect of the Kai-Zen Strategy is that the participant’s contributions are leveraged 3:1. The participant puts 25% and the bank puts 75% of the money into your IUL policy.   The performance of the IUL cash values still depends on the selected Life Insurance Carrier.  We represent multiple A+ Carriers that work with Ka-zen so we can compare them and select the best one base on your situation or your needs.

Kai-Zen Strategy has been utilized by high income earners, Business Owners, Real Estate Investors, or Professionals, such as Doctors, Lawyers, Dentists, etc.  The minimum Income for 2 years is $100,000. 

PREMIUM FINANCE: 

Wealth Transfer Strategy For Wealthy Individuals And Business Owners

Premium financing is an exclusive life insurance option for people with a net worth exceeding $5 million. There are few exceptions to any individual or couple with a net worth under that benchmark.  One of the most cost-effective ways for high-net-worth individuals to protect their assets and ​create estate liquidity is to​ take advantage of premium financing for life insurance.  ​Premium financing for life insurance avoids incurring capital gains tax and liquidating investments to cover these life insurance premiums.

​A life insurance policy is a hedge against future risk. Its primary purpose (for high-net-worth people) is to maintain liquidity and security for your estate.  ​Specifically, high-net-worth people use it for at least one of the following reasons:

• ​Protect their business(es)
• Wealth transfer/inheritance issues
• Mitigating state and federal taxes

$99 LEGACY: 

Leave a Lasting Financial Legacy With Just $99 Per Month

Year 1-20: Premium of $99/month. Death Benefit from $100,000 to $137,000.
Year 21+: No more Premium needed. Total paid in Policy: $23,760.
Year 21: Withdraw of $23,000 for the granddaughter’s down payment on a house, to pay off student debt or help pay for a wedding.
Year 67: $419,663 cash value and $526,560 Death Benefit. Lifetime Income of $40,308/year for the granddaughter until she passes away.
Year 85: Total Income received would be $765,092. If she dies this year, her family will have $217,637 Death Benefit.

COMPREHENSIVE FINANCIAL PLANNING

Financial planning is the process of taking a comprehensive look at your financial situation and building a specific financial plan to reach your goals.  We will create a comprehensive financial plan tailored to your future needs.  Here are some of the important plannings that are included:

• Investment Planning
• Retirement planning
• Life Insurance Planning
• Tax Planning
• Estate planning
• Debt Management
• College & Education Funding Planning
• Cash Flows of Proposed Plan
• Secure document vault

Wills & Living Trusts

BestFamilyName works with a network of specialized estate planning attorneys in 50 States to provide you with an affordable price to access their services. Each Estate Plan is customized to your needs and requirements. Each plan is approved by a licensed attorney in your state. The entire process can be done online, and once your Estate Plan is complete, anyone who needs it can access it at any time.  Our Trust Package will also include 

• Revocable Living Trust
• Certification of Trust
• Pour-over Wills
• Financial Power of Attorney
• Healthcare Power of Attorney
• Attorney assigned to file
• Cloud Storing and Sharing

FREE LEGACY PLANNING PROGRAM

Legacy Planning program was created to provide you and your loved ones with legacy planning and end of life planning, guidance and assistance. Let our simple and innovative planning process enshrine your life lessons and core values for you to pass them to future generations. Take the steps to help ensure that your family will be taken care of at the time of need.

Legacy Planning Guide Software™ — Simple way to document and share life’s keystone moments and values with loved ones. Easy-to-use software built to connect generations.
Legacy Planning Archive™ — Specify your final wishes to reduce stress and confusion in the funeral planning process. Outlines what’s needed to complete a death certificate and obituary.
Estate Planning Attorney Locator — Assists you in locating specialized estate & elder law attorneys.
Free Online Legal Documents — Online resource to create self-guided documents such as: living will, last will & testament and power of attorney.
Legacy Planning program Advisors — At the time of need, our planning experts are on call to guide
your family through the planning process.

Free College Scholarship Program

BestFamilyName is proud to be part of a Tuition Rewards Program that can help families pay for the College of their children or grandchildren.  Nearly 500 private colleges and universities are joining the program, and 90% of them have received an “America’s Best” ranking by U.S. News and World Report.  The scholarship can be valued as much as $57,000 maximum per student.   In last year, the program has guaranteed families savings of over $98M in tuition.

Saving for college is one of the biggest challenges families face today. The Tuition Rewards program reduces financial stress and provides a simple and effective way for your family to send a child or loved one to college. Only certain products are eligible for the program, such as Annuity, IUL, Long-term care and disability insurance.  The sponsors/parents can earn 5,000 points or more a year and each point is valued as $1 for a scholarship.  Contact us to learn more about this free College scholarship program.

Life Insurance

At BestFamilyName, we offer a diverse range of life insurance, health insurance, and annuity options to cater to various needs, goals, personal circumstances, and medical conditions. Our unique position as an insurance broker allows us to represent over 90 insurance companies, each offering a select array of insurance types. This extensive network enables us to diligently search for the most advantageous rates, deals, and appropriate insurance types tailored to your specific requirements.

Other Insurance

Annuities (Longevity Insurance), Disability, Accident & Long-Term Care Insurance are important in retirement.  To discover more about our offerings and how we can assist you in finding the ideal insurance solution, please click the button below for further details.

Investments & Planning

Investments and financial planning are essential pillars for securing financial stability and reaching long-term objectives. These practices are fundamental in holistically managing your financial affairs. They empower you to strategically accumulate and oversee your wealth, equip you for a well-prepared retirement, safeguard against unexpected circumstances, and fulfill your diverse financial dreams.

To explore how we can assist you in these crucial areas, please click the button below for more information.

OUR TOP INSURANCE CARRIERS

We work with 90+ Insurance Companies and find the best rate and best benfits for you.