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LIQUIDITY & LIFE INSURANCE IN MY ESTATE PLAN

by Marianna Schwartsman on Apr. 10, 2019

Estate Estate Planning Estate  Trusts Estate  Wills & Probate 

Summary: IT IS ESSENTIAL TO ADDRESS ISSUES OF LIQUIDITY AS PART OF YOUR ESTATE PLAN

LIQUIDITY & LIFE INSURANCE IN MY ESTATE PLAN

It is essential to address issues of liquidity as part of your estate plan. Life insurance may be used as a main liquidity resource in your estate. Some of the most commons purposes for life insurance policies are as follows:

Quick access to cash for your loved ones when you are gone;

Payment of death taxes to avoid fire sale of your illiquid assets, such as a house or a business; and

Asset protection planning

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