Precision Financial Management

Precision Financial Management

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How life insurance can make for more tax-efficient intergenerational wealth transfers 07/15/2024

How life insurance can make for more tax-efficient intergenerational wealth transfers Many people view life insurance mainly as a necessary cost during their working years – a safety net that, hopefully, won’t be needed. Yet, life insurance can play a key role in maximizing an estate’s value and allow wealth to move to beneficiaries quickly and without incurring taxation.

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