If you think your estate is going to eventually create a tax problem, getting an estate plan done now, can help solve many problems later.
Wealthy couples should consider the value of their current estate, and then account for the growth of their estate during their lifetime.
An estate without any tax current tax liability, could eventually grow large enough to be subject to estate taxes.
We normally recommend talking with an estate planning attorney to get an estimate on the amount your estate will owe in taxes now along with future growth projections.
In the meantime, please feel free to touch up on various estate planning concepts with our informative articles in our reference guide to estate planning.
Estate Planning Reference Guide
Affordable Life USA makes finding the insurance companies that have the best rates for people easy. For over 25 years, we have provided affordable life insurance rates to thousands of clients across the United States.
We are an independent life insurance agency, and our goal is find you best life insurance rates for your estate planning needs and budget.
Are you are considering a life insurance policy to pay estate taxes?
The type of life insurance coverage is also very important. After all, the life insurance coverage needs to be active for any estate planning strategy to eventually pay off.
We usually recommend permanent life insurance policies such as universal life and whole life for estate planning with life insurance. These survivorship policies are normally purchased to ensure coverage is in force for your entire lifetime.
If you need help with an estate planning policy, do not hesitate to give us a call 1-877-249-1358.