Sentences with phrase «for estate planning»

These types of policies are often used for estate planning purposes, as they can work in conjunction with the unlimited marital deduction.

This means you can not buy term life insurance for estate planning because term life insurance does not provide permanent coverage.

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.

There are various tools available for your estate planning needs, including the preparation of wills and trusts.

It launched just over a year ago as a cloud - based tool for estate planning lawyers and their clients.

Guaranteed universal life insurance is a solid option for estate planning life insurance because it provides a permanent death benefit at a relatively low cost.

Given your goals, perhaps it may be best for estate planning purposes to diversify the ranch or agriculture based properties into properties that can be eventually gifted to the taxpayer's heirs.

Life insurance works well for estate planning because of when benefits are paid and the ability to create wealth for heirs outside of the estate.

Given the nature of the practice area, the most effective marketing strategy for estate planning lawyers is probably a combination of professional networking along with educational seminars.

The logic being that the clients of an insurance salesman, for example, would be good potential clients for an estate planning attorney since they are in the market for somewhat related services.

It is typically less expensive than a policy on just one person and is an ideal choice for estate planning using life insurance to maximize your estate value.

As a result, this coverage is used particularly for estate planning with life insurance where a large death benefit is desired or required.

Ensure you have some helpful information for estate planning clients on your website.

Convertible term life insurance is ideal for securing an inexpensive death benefit for estate planning purposes.

That's one of the main reasons why these policies have become so popular for estate planning purposes.

When purchasing a life insurance policy for estate planning, you can not name yourself, your estate, or an individual as the owner of your life insurance policy.

Other than a few restrictions such as limitations on using funds for estate planning service firms and certain annuities or insurance products, the loan proceeds could be used for anything you choose.

These policies are also ideal for estate planning because they can be setup to reduce or avoid estate taxes.

In most cases, a cash value policy is an excellent option for anyone that wants to use their plan for estate planning.

Permanent life insurance coverage should be considered for estate planning using life insurance, or for business succession planning using buy - sell agreements.

It's used primarily for estate planning purposes, as the estate tax is usually only payable at the second death.

In most every case it is a husband and wife that are insured and is purchased solely for estate planning reasons.

A client who just asks for an estate plan might regular check - ins to keep it updated.

Our fee list includes a full list of our prices, including flat fees for estate planning services.

This could be the perfect solution for a estate planning need or to leave an inheritance to your children.

Other than a few restrictions such as limitations on using funds for estate planning service firms and certain annuities or insurance products, the loan proceeds could be used for anything you choose.

This plan is perfect for the estate planning individuals who want to pass their estate to their legal heir as it creates wealth accumulation.

Look for an estate planning lawyer with experience with second marriages.

This makes them an attractive vehicle for estate planning as well as retirement planning.

This provision has important implications for estate planning purposes, so be sure to revisit your estate plan once you get married.

And so that's what I use for my estate planning drafting.

It's a terrific fit for estate planning firms as well as any firm that deals with profitable business owners.

In addition there are federal regulations that prevent banks from using the due on sale clause when you are making a transfer for estate planning purposes.

The loan was made for estate planning purposes and to pay off a maturing loan.

Here's a tough question: What's a fair price for an estate plan?

This will also be a boon for estate planning.

Joint last - to - die is suitable for estate planning strategies, but what is joint first - to - die life insurance used for?

Most people claim their accountant's fees or software costs, but tax law also often allows deductions for estate planning with a tax focus, such as a will or living trust.

If you are considering using investment bonds for estate planning, seek professional legal advice first.

If you have vehicles, pets, and even a few bank accounts, you know for sure you are on the hook for estate planning.

The sales cycle may be three years for estate planning, but one month to handle an estate when someone dies.

Family pets can be of utmost importance for estate planning purposes.

If you don't already have your life insurance program in place, the need for life insurance usually arises for estate planning reasons or covering final expenses.

Since everyone's situation is different, there isn't a one - size fits all answer for estate planning.

These policies may be best suited for estate planning and retirement income strategies.

In this situation, whole life can be advantageous for estate planning as well.

It provides the flexibility for estate planning, but also longevity.