The process of estate planning includes much more than just writing a Will. A good estate plan contains several elements, including a Will, Trust, Health Care Proxy and the assignment of a Power of Attorney. However, another tool that is often overlooked but can be a valuable asset to an estate plan is life insurance.<\/p>\n
Obtaining life insurance is a necessary way to ensure that expenses are covered after the death of a loved one. This is certainly a benefit of any life insurance policy. Another benefit, not often considered, is the benefit to your estate plan.<\/p>\n
Life Insurance Concerns<\/strong><\/p>\n In the current challenging credit market, concerns have been raised about the solvency of life insurance companies and the chances of not receiving full policy benefits. This may be another barrier keeping both attorneys and clients from recommending life insurance as an estate planning tool.<\/p>\n There are several ways to evaluate the strength of an (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The process of estate planning includes much more than just writing a Will. A good estate plan contains several elements, including a Will, Trust, Health Care Proxy and the assignment of a Power of Attorney. However, another tool that is…<\/span><\/p>\n