Life Insurance
Have you thought about what will happen to your loved ones once you have gone? How will they pay the mortgage, the bills, the kids’ tuition, and other expenses? What will happen to your estate? Will your children and grandchildren have to sell the family business, liquidate stocks, dispose of real estate to pay estate taxes due within 9 months? What happens if at that critical time we’re in a down market, further increasing the discount they may have to accept?
Life insurance addresses these questions and more. With adequate coverage, you can ensure that your family is provided for – that your family keeps the home and investment property, pays basic bills, and funds the kids’ and grandkids’ tuitions, among other costs. With life insurance, you can keep intact the estate you spent a lifetime building, ensuring that your business remains in the family, the portfolio remains invested, and the family heirlooms and real estate properties remain part of the family.
Let Russell Financial Services share with you ways that life insurance addresses these needs in what may be a surprisingly cost-effective manner.
Life insurance can be used in many ways such as to:
- provide income replacement
- subsidize retirement
- increase estate size and personal legacy
- provide liquidity to pay estate taxes
- create a charitable legacy
- safeguard business continuity
- prerserve asset integrity
|
