True Legacy Inc is led by Tim Foley, a Midwest-raised insurance and estate-planning specialist with two decades of experience serving farm families and family-business owners.
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Tim Foley • Founder & Principal Advisor
CRPC • CLTC • Registered Representative
Tim Foley grew up in rural Minnesota, where the land, the work ethic, and the real demands of a family operation shaped his view of this industry long before he entered it. At Iowa State University, he joined Alpha Gamma Rho, the agricultural fraternity, and built lifelong friendships with classmates who went on to lead family farms, ag-retail businesses, and rural enterprises across the country.
Tim launched his career in Southern California before relocating to Chicago in 2011. He started with Northwestern Mutual, then moved into life insurance brokerage in 2013, eventually managing a seven-state Midwest territory. Over the years he built a reputation for handling the advanced cases other advisors tend to push upstream. Trust-owned policies. Buy-sell funding for multi-owner businesses. Large estate-tax liquidity cases. Executive-benefit design for family operations.
He holds the Chartered Retirement Planning Counselor and Certified in Long-Term Care designations and is fully securities licensed. He is also a Registered Representative.
"Farm families and family businesses built the economic backbone of this country. They deserve advisors who understand the operation before they ever open the plan."
Tim founded True Legacy Inc to serve the clients he understands at the deepest level. Families running farms, ag-retail shops, cattle operations, trucking outfits, and multi-generational businesses who want the next generation to inherit a going concern, not a tax problem.
The approach is simple and disciplined. Coordinate with the existing attorney, CPA, and lender. Design custom estate, business, and insurance strategies around the specific operation. Keep the land in the family name. Keep the business intact. Keep the legacy moving forward across generations.
Tim works with clients across the Midwest and nationwide from his base in the Chicago area.
Schedule a complimentary consultation with Tim. Bring your questions about the operation, the next generation, and the gaps in your current plan.