Tag: estate planning

Death and Estate Taxes

Death and Estate Taxes

Some life insurance companies preach the "theory of diminishing needs" for life insurance. It says that we will become self-insured by paying down debt, accumulating investment assets and reducing expenses. I once believed this theory. However, I have experienced otherwise. Life happens. As a result, needs for life insurance coverage often continue longer than we originally expect. Consequently, term life…

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