There are many different ways that people do their estate planning. Generally speaking, estate planning is how a person plans to pass on their accumulated wealth to family and heirs after they die. A significant amount of wealth can be passed along by naming beneficiaries to their investment accounts, 401(k)s and IRAs, by writing a well, as well as holding homes and other real property jointly with whomever the property should pass to.
Another important way of estate planning, although it’s often overlooked, is using a life insurance policy for estate planning purposes. Some types of life insurance policies even... Articles Tagged ‘life insurance estate planning’
Using Life Insurance for Estate Planning Purposes
There are many different ways that people do their estate planning. Generally speaking, estate planning is how a person plans to pass on their accumulated wealth to family and heirs after they die. A significant amount of wealth can be passed along by naming beneficiaries to their investment accounts, 401(k)s and IRAs, by writing a well, as well as holding homes and other real property jointly with whomever the property should pass to.
Another important way of estate planning, although it’s often overlooked, is using a life insurance policy for estate planning purposes. Some types of life insurance policies even...
Friday, May 4th, 2012
There are many different ways that people do their estate planning. Generally speaking, estate planning is how a person plans to pass on their accumulated wealth to family and heirs after they die. A significant amount of wealth can be passed along by naming beneficiaries to their investment accounts, 401(k)s and IRAs, by writing a well, as well as holding homes and other real property jointly with whomever the property should pass to.
Another important way of estate planning, although it’s often overlooked, is using a life insurance policy for estate planning purposes. Some types of life insurance policies even... 
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