Life insurance is often the least understood financial tool that people use. We understand life insurance, both how and where it can provide value to a client’s plans. Our process for life insurance is similar to our wealth transfer – estate planning processes.
Life insurance can and often does play a significant role in a family’s goals. Properly priced and constructed life insurance provides liquidity and stability and a means for accomplishing varied and complex needs. Life insurance has many unique characteristics that can make it an appropriate solution for a variety of uses:
- Income tax free payments at the death of the insured
- Policy can accumulate cash on a tax-deferred basis