Utilize SURVIVORSHIP LIFE insurance to cover estate tax costs...
There is a life insurance policy designed specifically to solve estate tax
problems. This type of policy is called Survivorship Life. The
policy insures the lives of both spouses, but only pays the benefit at the second
death.
Here are some major features for you to consider:
- Insurance proceeds received at death are usually much greater than premiums
paid for the coverage. In effect paying your estate taxes with "discounted
dollars".
- Life insurance death proceeds are paid promptly, providing cash to
pay the estate taxes and to provide for income and other needs of the surviving
family members.
- If properly structured, the life insurance premiums can be paid for
under the protection of the annual gift tax exclusion.
- Survivorship Life Insurance, when properly sheltered by the correct trust,
is a highly efficient method of paying the estate tax liability.
Let The Experts At Family & Business Insurance Planners Show You How To Create
An Estate Planning Strategy Which Guarantees That Your Heirs, Not Uncle Sam,
Will Realize The Full Benefits Of Your Success.
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