Estate Planning – Not Only for the Wealthy
You’ve worked hard to provide a home and secure other assets—your estate—for your family. You would like your family to enjoy those assets if something were to happen to you. Without life insurance, however, they may need to liquidate your estate to pay off debts, estate taxes, and fees. Life insurance, such as a second-to-die policy, can provide the money your family will need to meet these obligations and protect the value of your estate. This type of policy insures two people—usually a husband and wife or business partners—and pays a death benefit after the second death.