22 Jun Match life insurance to short- and long-term needs
Life insurance is an important financial instrument in a business owner’s estate plan.
Many issues can be effectively covered by life insurance, including payment of taxes due to capital gains, liquidity concerns, estate equalization issues, as well as debt elimination and cash for family security.
But there are many types of life insurance. Some are suited for short-term planning, while others are more appropriate for long-term and estate-planning purposes. It’s essential to know what’s available to best meet your family’s needs and plan your wealth.
CLICK HERE to read this full article. If you any questions regarding risk management or insurance, please be sure to speak with Harry Perler.