What is an insurance wrapper and why use one?
If you've spent any time looking at high-level wealth management, you've probably asked yourself what is an insurance wrapper and how it actually fits into a balanced portfolio. It sounds like a bit of a strange term, doesn't it? When most people think of insurance, they think of car accidents or health checkups. But in the world of investing, a "wrapper" is something entirely different. It's less about protecting your physical health and more about shielding your money from things like taxes and complicated probate laws. ...