Tuesday, 6 November 2012

Life Insurance: What role does life insurance play in an estate plan ...

?Many taxable estates do not have sufficient liquidity (cash) to pay estate taxes within nine months after death. ?Clearly, estate assets could be sold to the department of the beneficiaries, and if the market for those assets is strong, this might be a satisfactory solution. ?On the other hand, if the market is down or if the people charged with selling the assets do not appreciate their true value, a sale could result in devastation of the estate value.

Excerpt from The Complete Guide to Estate and Financial Planning in Turbulent Times (Collaborative Press, 2011) - Walt Dallas, Contributing Author

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Source: http://blog.estateplanning123.com/2012/11/life-insurance-what-role-does-life-insurance-play-in-an-estate-plan-for-a-taxable-estate-pt-1.html

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