New Developments Transform the Role Life Insurance Plays in Your Estate and Financial Planning

Within the past year, a combination of new legislation and the recent change of leadership in the White House and Congress stands to dramatically increase the income taxes your loved ones will have to pay on inherited retirement accounts as well as increasing the income taxes you owe on your taxable investments. However, purchasing life insurance may offer you the opportunity to minimize the effect of these developments.

Estate Planning, Life InsuranceErica EndykeFebruary 17, 2021#newdevelopment, #lifeinsurance, #estateplanning, #financialplanning, #lifeinsurancepolicy, #estate, #democraticsweep, taximpact