Sentences with phrase «leave to heirs before»

Not exact matches

But survivorship policies, since both policyholders will die before the death benefit is paid, work best as a way for families to pay for estate taxes, burial plans, or as a way for the policyholders to leave a legacy for their heirs.

You will not leave a large estate: Since term life may expire before your death, it's not a good option for people who want to be sure that heirs have money to pay estate taxes.

Any cash you borrow from your policy, however, does decrease the amount of death benefit that is left to your heirs unless you pay the money back to the policy before you die.