Sentences with phrase «added estate planning benefits»

A 529 savings plan may offer added estate planning benefits.

Not exact matches

Charitable donations offer tax benefits NOT ONLY because they are income tax deductible but also because they reduce the size of the donor's estate, which is an added benefit for federal estate tax planning.

Added tax, estate planning and protection benefits — unlike most conventional GICs, these are actually insurance contracts

On Monday, 200 - lawyer Roetzel & Andress announced that it has added eight lawyers — six of them partners — through its acquisition of Chicago's Lewis, Overbeck & Furman, which specializes in employee benefits and estate - planning work.

If you happen to fall into this category, please seek out advice from a financial planner and an estate planning attorney on how you can structure your life insurance to benefit your estate and not add additional taxable assets.

In a recent blog post, I had discussed the benefits of using life insurance in estate planning, such as adding liquidity to an estate that may owe estate taxes, effectively paying the estate's tax bill for pennies on the dollar.

Certain types of whole life insurance policies can provide unique estate planning benefits, such as the ability to add an «accelerated death benefit» or long - term care rider.

If you need something that will cover your family no matter when you die, a permanent life insurance policy is best, if you can afford the premium and it adds benefit to your estate or financial plan over what other investment vehicles can do.

Let me also add, there might be some other estate planning benefits of the cash value policy, that this would apply once you have a net worth of $ 3MM or more.