Category Archives: Taxes

Taxes That May be Associated with Life Insurance Proceeds

Many people take out life insurance in good faith that when they die all of the funds will pass to their loved ones. However, what many people do not realize is that life insurance can be taxed in some circumstances and so it is possible that the full proceeds will not get passed on but [...]

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Top 6 Estate Planning Tools

Estate planning is not something that most people enjoy discussing or performing, but it is a necessary step in the life cycle. Without specifying your final health care wishes and what you wish to do with your assets, there is no guarantee that your obligations will be paid in the way you would like them [...]

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5 Reasons You Need Life Insurance

1. Final Expenses It’s a fact of life, at some point you are going to pass on and there will be final expenses to your family. It may be hard to face up to sometimes, and many people try to avoid the topic, but failing to plan for your eventual demise can end up making [...]

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Choosing a Beneficiary

Life is full of decisions, big and small. Without a doubt, one of the major choices is deciding on whom to name as a beneficiary to your life insurance policy. The answer may seem obvious to you, “My eldest son, of course, the management accountant who counts every penny.” Trouble is, the obvious choice is often your [...]

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