Share|

War On Wealth Series – Wealth Preservation

policies are absolutely critical to an Plan and is one of the first things that a will check when working on an Plan.

There are four critical areas of the process that make Life Insurance a crucial component to :

. Life Insurance can be used to increase your family’s wealth after the death of a family member.


Debt Retirement. Experiencing loss of income from a deceased family member can be catastrophic to a family budget and wreak irrevocable harm.


. Funding an income stream for your family after death can be accomplished from the proceeds of Life Insurance policy.

. Debts and owed taxes left by the decedent have to be paid whether the Estate is large or small. And if there is a closely held business you are going to need cash to keep the business operating during probate and to pay an allowance to surviving family members during administering of the Estate.

Other Posts In This Series are:

War On Wealth – A Primer (Introduction)
The Accidental Philanthropist; but Uncle Sam! How Many Times Can You Tax The Same @#$% dollar?
How Not To Turn $20 Into A $75,000 Disaster
Maximizing The “Bank Of You Concept”; Setting Up Your Own Private Bank
Life Insurance As An Estate Planning Tool
Private Retirement Plans Vs. Employer Sponsored Retirement Plan Options
Special Valuations For Intra-Family Transfers, Gift Taxes And Lifetime Transfers
Why You Should Start A Personal Business?
Advantages And Disadvantages Of Investing In Annuities
How Owning Real Estate Can Help Me Save Taxes
How To Reduce Your Real Estate Taxes
Annuities, How They Work And Their Tax Advantages
The Three Proactive Strategies Of Asset Protection
Trusts – A Basic Foundation

Webinar Opportunity – Minimize Taxes, Empower your Retirement, etc..

We have a webinar on Wednesday from 12:00pm-1:00pm called: “Isn’t It Time You Became Wealthy”, in which we will teach how to minimize taxes, how to make money even in a down market, and how to empower your retirement. Register for the webinar by going to http://becomewealthy.info/leon/Webinars.html

Leon C. Williams
Financial Strategist
LUCA Financial Services
leon@lucafinancial.com
blog: http://leonsblog.leonwilliams.me
Online Business Card: http://bizcard.leonwilliams.me

Popularity: 6% [?]

Share|

Tagged with: • • • • • • • •

Filed under: estate planning • Financial Services • Insurance

Like this post? Subscribe to my RSS feed and get loads more!