Using life insurance in estate planning is a strategic approach that ensures your loved ones' financial security after your demise. This involves acquiring a life insurance policy and designating ...

While creating your estate plan, you may find yourself wondering whether your life insurance policy will be part of it. Life insurance can be one way to pay off outstanding debts and financial ...

With current estate-tax rules set to expire at the end of next year, life insurance could help heirs to some high net worth clients avoid bigger costs and payments to Uncle Sam in the future.

This post has been updated as of March 28, 2024, to reflect changes to the Massachusetts estate tax exemption. There is a common misconception that life insurance benefits are not subject to ...