Today, estate taxes are no longer a concern for the vast
majority of families. But even for nontaxable estates, life insurance continues
to offer estate planning benefits. For example, you can use life insurance to
replace wealth that’s lost to long term care (LTC) expenses. Although LTC
insurance is available, it can be expensive. For many people, a better option
is to use personal savings and investments to fund their LTC needs and to
purchase life insurance to replace the money that’s spent on such care. Contact
us for more information.