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Estate Planning
: Louisiana Estate PlanningGet More Life Insurance for the Same Cost
By Myrna Arroyo
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Life insurance can be a great tool to ensure that your loved ones are cared for after you are gone. But often, Uncle Sam becomes the recipient of as much as half of the life insurance proceeds. How can you make sure your life insurance benefits go to your family after your death and not Uncle Sam? This is important because, once the Federal Estate Tax kicks in, the rate is high (currently 45%). Your life insurance will be included in your taxable estate if either (1) your estate is the b read more
Full post as published by Louisiana Estate Planning on February 27, 2008 (boomark / email).
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