Life Insurance Pitfalls – The Importance of Hiring Experienced Counsel
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | March 14, 2024 | Estate Planning
Life insurance can be an excellent tool in estate planning. For instance, life insurance can be used to ensure one’s estate has cash on hand to pay creditors, tax obligations, and other post-death expenses. One can also use life insurance proceeds to provide for specific beneficiaries either directly or in trust, with various tax benefits.