Navigating Life Insurance for Estate Planning
“What type of life insurance is best for estate planning? What special considerations should you take into account when choosing a type of life insurance?
There is no “best” type of life insurance. There is life insurance that best fits an individual’s financial plan. First, it is important to consider what kind of job life insurance will have. Is this a safeguard against premature death, or is this a vehicle to transfer wealth to your descendants? When looking into what life insurance to get, it’s important to consider age, health, income, family dynamics and many other factors.”
Read read more from Jason Jones in “Navigating Life Insurance for Estate Planning” here.