Benefits Of Using Insurance

• Estate protection: Proceeds from policy can be used to pay off estate debts
• Potential for tax minimization: Growth of investment portion may be tax protected
• Portfolio diversification: Investment portion of policy can generally be allocated as desired
• Business applications: Can be used to enhance employee benefits
• Estate equalization: Assists in dispersing your estate equally among your beneficiaries

A variety of insurance policies are available to meet your estate planning needs:

• Term insurance
• Universal Life insurance
• Disability insurance
• Critical Illness insurance
• Long-Term Care insurance
• Annuities

Life insurance is often overlooked as an investment tool for estate planning. By integrating life insurance into your estate plan, you can choose a customized policy that offers income growth opportunities, insurance coverage and potentially attractive tax advantages. By working closely with our Estate Planning Specialist, David Temple, we can help determine the policy that works best for you.