Life Insurance Planning
- Topics:
- Insurance,
- Investment Strategy
- Tags:
- Business Operations,
- Corporate Insurance,
- Finance,
- Financial,
- Financial Planning,
- Insurance,
- Life Insurance,
- Personal Finance
- Source:
- Charles Schwab
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Overview: Determining life insurance needs involves an analysis of the potential financial burdens created by the death of an individual. Such financial burdens could involve the need to meet immediate one-time obligations and/or provide a financial asset base to meet ongoing cash flow needs. Life insurance could also play a role in estate planning, either as a wealth-replacement vehicle or to provide liquidity in meeting estate tax liabilities when illiquid assets represent a significant portion of the estate (family business, real estate, farm, etc.). Finally, life insurance can be a critical component in business planning. The appropriate type of life insurance will largely depend on the facts and circumstances surrounding the need.
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Format: HTML | Date: Mar 2009 | Pages: 5




