Estate tax planning can be very tricky. The rules have changed significantly over the last several years and continue to evolve. Estate planning revolves around each client’s financial condition and wealth composition.
Survivorship life insurance pays its death benefit only when both spouses are deceased and the estate tax liability arises. Survivorship life insurance is the only life insurance that specifically matches the estate tax liability incurred by a married couple in these circumstances.
But the pitfalls can be serious.
This white paper takes a deep look at survivorship life insurance and how it can be leveraged in estate planning for your clients.