What Is Meant By Life Insurance Creates An Immediate Estate?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaThe economic leverage of life insurance and its tax advantages can create an instant estate within the justification and insurable interest rules. A healthy male age 65 may be able to receive a 4 to 1 benefit to dollar spent on a single deposit. A healthy female age 65 may be able to receive a 5 to 1 benefit to dollar spent on a single deposit. A survivorship policy with a healthy male and female age 65 may be able to receive a 6 to 1 benefit to dollar spent on a single deposit. So if you want to make a difference in the lives of your children, grandchildren, great grandchildren or charity, this is the economic way to go.Answered on May 29, 2013+41+1 this answer
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