Planning My Estate
Life insurance can help in Estate Planning
Life insurance death benefits may help by paying off debt and providing a lump sum of cash from which your family can draw in the event of your death. Life insurance death benefits can also replace your lost income either in a lump sum death benefit or payable as a guaranteed monthly income.
Planning for Your Estate with a Blended Family
Life insurance can help you provide your children from a prior marriage with an inheritance even if you leave your other assets to your current spouse.
Solve the Need for Cash and Liquidity to Settle an Estate
Your estate might have assets and family treasures that heirs may not wish to sell to pay expenses or that are not easily sold due to their unique nature. These may include the family home, farm or ranch, artwork, collectibles and more. Life insurance can be used to provide the necessary liquidity to pay the expenses associated with your estate settlement costs.