How Estate Taxes May Impact your Life Insurance Policy

In the process of estate planning, there are many things to consider. An estate planning attorney can be essential to formulating a sound plan that is best tailored to your individual situation and long-term legacy.

Life insurance is a staple of many estate plans, but there is one factor that is often overlooked when people start thinking about life insurance and estate planning: taxes. While life insurance policies can be passed on free of income tax for the beneficiary, the same can not always be said about estate tax. Read more.