Although every estate plan should be uniquely designed and tailored to meet the needs and goals of the person creating the plan, there are some estate planning tools and strategies that can frequently be found in the average estate plan. One of those tools is life insurance. Life insurance is such a versatile estate planning tool it can help provide for loved ones, help you grow your estate assets, and even help cover the cost of your funeral and burial. The key to get the maximum benefits out … [Read more...] about Understanding Your Life Insurance Options
For many people, life insurance is a critical component within their estate plan. Deciding exactly how much life insurance you need, however, can be challenging. To shed some light on the subject, a Minot estate planning attorney at German Law Group helps you decide how much life insurance you need. Understanding Your Life Insurance Options Before you can decide how much life insurance you need, you need a clear understanding of the different types of life insurance available. While there are … [Read more...] about How Much Life Insurance Do I Need?