Creating an estate
Paying estate taxes
Funding a business transfer
Funding college
Paying off a mortgage
Protecting a business
Creating a retirement fund
Replacing a charitable gift
Guaranteeing loans
Equalizing inheritances |
-If circumstances have kept you from accumulating sufficient assets to care for loved ones
-Federal Estate Taxes are due nine months after death
-Life insurance provides ready cash to finance business
transactions
-Children or grandchildren can use cash value increases to accumulate funds for
college
-Pass the family residence to a spouse or children, free of any mortgage
-Untimely key employee death may case a severe financial strain on
a business
-Life insurance provides competitive returns and a way to
accumulate
funds for retirement
-Charitable Remainder Trusts provide tax benefits and replace the value of
a donated asset
-Personal or business loans can be paid off with insurance
proceeds
-When the family business passes to children who are active in
it's success, life insurance can give an equal amount to the other children. |
