Estate Planning can help you give more money to your loved ones
Have you considered estate planning with life insurance? When you plan your estate, you need to consider everything from how to protect your assets right now to where they’ll go after your gone. A legally drafted Will is a good first step. However, you also want to work to minimize your taxes before you pass on which is an important element of wealth preservation and ensuring that your estate will go to your loved ones and not the tax man
Life insurance provides benefits to your estate including
Proceeds are paid out tax free
Instant liquidity
Available cash to heirs to fund immediate costs related to processing the estate
Beneficiary designation to loved ones
No probate fees
No executor fees
No legal fees