We often hear about the benefits of borrowing the cash value inside your life insurance policy to use for capital purchases, long term care or college funding and so on. But, that’s not exactly how the process should work if you want to maximize the policies full...
Life insurance policies offer several tax benefits. Depending on the situation, the tax advantages of life insurance can be a valuable tool for individuals and businesses. Life Insurance Tax Benefits for Individuals Life insurance offers significant tax...
The sunset of the Tax Cuts and Jobs Act (TCJA) in 2026 may have a significant impact on estate taxes, particularly for individuals with sizable estates. Here’s how the sunset may affect estate taxes and why life insurance is a critical tool in planning for this...