"If done correctly, the life insurance policy pays out a death benefit that is tax free to their children and passes outside of the estate, avoiding estate tax as well. At no out of pocket expense, this family has leveraged ‘small’ annual gifts to provide a legacy to the grandchildren." - Blair duQuesnay
For more visit: The Belle Curve)
For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/)
Hosted on Acast. See acast.com/privacy) for more information.
Learn more about your ad choices. Visit megaphone.fm/adchoices)
