There are ways to make sure life insurance proceeds don\u2019t become a part of your estate.<\/p>\n
First of all, if you are in a position to buy additional life insurance, meaning more than what you currently have, not only will you likely save money on the premiums, but you will have the opportunity to put that policy (or policies) into an irrevocable trust. The main reason for doing that is to make sure the proceeds of that policy or policies are not taxed leaving the beneficiaries with less money than they would need to survive.<\/p>\n
Chances are that since you last bought a life insurance policy that rates have jumped substantially. The fact is if you check online you\u2019ll find out that premiums have actually shot up anywhere from 10% to 15%, a significant hike. This may be a deal breaker for some people, but one needs to remember that either way with (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" There are ways to make sure life insurance proceeds don\u2019t become a part of your estate. First of all, if you are in a position to buy additional life insurance, meaning more than what you currently have, not only will…<\/span><\/p>\n