Unlike standard life insurance policies where the surviving spouse is usually the beneficiary, second - to - die life insurance is generally used for estate planning purposes. (secureseniorlifeinsurance.com)
Tip — Whole life policies serve estate planning purposes well (particularly in situations where a large estate tax is expected at death). (quickquote.com)
Your family lawyer may also have some good contacts with agents in the life insurance business that he or she used for estate planning purposes. (bestchoicelifeinsurance.com)