Life Insurance is a powerful tool to use when planning a legacy for multiple generations. You may already be familiar with its primary function – providing money to your family or other beneficiaries after death. But the value of life insurance goes far beyond simple payouts. Permanent life insurance provides both death benefits and possibilities through cash value accumulation. If properly structured, it can positively meet the planning goals of multiple generations.

Life insurance serves as one of the most, if not the most, tax-effective way to transfer money. Depending on the policy type, it can provide guarantees no other product or tool can. With life insurance, grandparents, parents, aunt and uncles have the ability to put some money aside on a tax-advantaged basis that will eventually go to their grandchildren, children, niece or nephew. It allows them to start “giving” away their money while still retaining control over it. If they should ever need this money for their retirement income, they can access it for their own income.

Our strategies are aimed to exceed your goals. We have the experience to help you incorporate life insurance into any financial plan.

Contact us for a free life insurance consult.