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Taxes Life Insurance

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Estate Preservation with Life Insurance Contingent on your net worth, leaving a large inherence can be problematic to your heirs if you are subject to estate taxes (federal or state).  A good portion of your assets could be going toward taxes instead of to your beneficiaries.  In addition to estate taxes, your heirs may need time to liquidate your estate so they are not forced to do a “fire sale” of your assets if you were to suddenly pass.  An effective tool many wealthy individuals now use to combat this estate planning issue is life insurance.  By purchasing life insurance […]