A permanent life insurance policy is one of the most tax-efficient ways to build and transfer your estate. The tax-free death benefit creates an instant inheritance. Plus the policy offers tax-advantaged growth that you can access during your lifetime.
With the Preferred Estate Transfer, you may be able to put a policy in place with no additional out- of-pocket expense. Simply redirect some of your money from taxable investments to pay the premiums for a permanent life insurance policy. The policy will do the rest.
You want to leave money to your loved ones or a charity.
You have an up-to-date will.
You have paid off your mortgage or other debts.
You have taken care of your retirement plan.
You have taxable investments.
You want to reduce the taxes you pay.
You want your estate to pay less tax.