Including Life Insurance in Your Estate Planning
June 30, 2022
A grieving loved one should not inherit assets only to find that they can’t be used for any expenses they have to take care of after your death. Most retirees’ assets are in homeownership and retirement accounts, requiring a sale to get cash. Life insurance can provide the liquidity needed when managing and distributing your estate assets. Your policies can address final expenses, estate taxes, business ownership, estate equalization, probate, and special purposes depending on your circumstances and the number of assets at hand.