#FinancialPlanning

17.How Can You Borrow from Life Insurance

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Many people think of life insurance as a safety net since it gives beneficiaries financial stability in the event that the policyholder passes away. The fact that life insurance plans, especially permanent life insurance, can potentially be a significant source of income while the insured is still living is something that many individuals are not … Read more

13.When Are Life Insurance Proceeds Included in an Estate?

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The money received from life insurance policies is crucial to provide beneficiaries with financial stability when the policyholder passes away. However, there may be serious repercussions if these funds are included in the policyholder’s estate, especially with regard to estate taxes. For efficient estate planning and to guarantee that the desired financial benefits are realized, … Read more