by Christine | Jul 21, 2014 | Estate Planning, Estate Tax, LIfe Insurance |
“While there are a number of ways to address estate tax liabilities and retirement savings distinctly, developments in the life insurance arena are providing new and potentially better options. These strategies are highly versatile to meet the evolving needs of the...
by Christine | Apr 23, 2014 | Charitable Giving, Estate Planning, Estate Tax, LIfe Insurance |
There are several ways to donate a life insurance policy to charity, according to the Planned Giving Design Center, Monroe, NC. There are many advantages to life insurance as it can be a cushion against high-cost issues or a source of much-needed cash flow for your...
by Christine | Dec 3, 2013 | Disability Insurance, Estate Planning, LIfe Insurance, Long Term Care Insurance |
Discomfort with the details prevents many people from obtaining the necessary coverage. The kinds of insurances we are “required” to buy help us with the minor bumps and scrapes in life and are sometimes easy to think about, shop for or ensure that we have adequate...
by Christine | Oct 9, 2013 | Charitable Planning, Estate Planning, LIfe Insurance |
You have a whole or universal life-insurance policy that you or your heirs don't really need. What do you do? Well, you may want to donate it to your favorite charity. There are basically two ways to do it. Ask any widow or widower and they will tell you...
by Christine | Jul 25, 2013 | Estate Planning, LIfe Insurance, Trusts |
Are the proceeds of life insurance policies owned first by a taxpayer’s wife and then owned by a family trust, includible in a taxpayer’s gross estate? The estate tax is currently set at a generous level, with married couples able to protect up to $10.5 million...
by Christine | Jun 20, 2013 | Beneficiary Designation, Estate Law, LIfe Insurance |
Words to the wise: keep beneficiary forms up to date. To change a beneficiary — for example, if you get married or divorced or your spouse dies — make sure to file an amended form. Even if your state has a law designed to cover oversights (or procrastination), you...
