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I am a bit of a spiritual seeker. Last summer, in search of the meaning of life, I trekked up one of the highest peaks in the Himalayas to seek the answer from two gurus who live in adjacent caves. The first guru told me that the key to the meaning of life is generosity. The second guru had a distinctly different point of view. She told me the key to the meaning of life is more life insurance. Confused

David Thayne Leibell, Senior Wealth Strategist

May 1, 2010

21 Min Read
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David Thayne Leibell

I am a bit of a spiritual seeker. Last summer, in search of the meaning of life, I trekked up one of the highest peaks in the Himalayas to seek the answer from two gurus who live in adjacent caves. The first guru told me that the key to the meaning of life is generosity. The second guru had a distinctly different point of view. She told me the key to the meaning of life is more life insurance.

Confused by what seemed to be conflicting answers, I struggled for days to reconcile the advice of the two gurus. After a great deal of soul searching, I came to the epiphany that “generosity” and “more life insurance” could be reconciled. I would buy a $1 million single premium paid-up life insurance policy and give it to my fav...

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About the Author

David Thayne Leibell

Senior Wealth Strategist, UBS

David Thayne Leibell is Senior Wealth Strategist at UBS, a global firm with 150-year heritage. David has given several hundred lectures and webinars to lawyer and nonlawyer audiences throughout the United States and has authored over one hundred articles on charitable, estate and tax planning. He also has been quoted in numerous publications, including The New York Times, Business Week, Investment News, and Bloomberg Wealth Manager and has appeared on CNBC's "Closing Bell with Maria Bartiromo."