Life Insurance for Estate Planning

life insurance for estate planningLife Insurance for Estate Planning

Life insurance is extremely  useful in estate planning.  Wealth can be transferred or distribute wealth from one generation to another younger generation, and even skipping a generation in the process, through life insurance.

Irrevocable life insurance trusts can be named as the beneficiary of life insurance policy to reduce estate taxes.

Life insurance can even be used to help younger heirs have the funds to purchase a family business to pay estate taxes and help keep it in the family in the event of the death of the owners of the business.

And life insurance can be used as a way to leverage way more money to your favorite charities and causes.

There are so many creative and useful ways that life insurance can be used in estate planning that we can’t list them all here.

Call us for more ideas and guidance about how to use life insurance.  Life insurance, used creatively, can be used to carry out your wishes, get your wealth into the hands you desire, and to reduce the taxes of your estate upon your death.

Only three things are certain in life: death,  taxes and the death benefits from one of our A rated life insurance carriers.  Why wait?  Life is short.  Call us today, (888)398-624.