Transferring Wealth with Life Insurance
People are always looking for ways to make more money or build wealth. Life insurance is one way to build wealth easily by using a life policy as part of a wealth transfer strategy to a beneficiary. If you are a senior or boomer, wealth transfer and asset protection is an important concept to learn about. However, this concept is not only limited to seniors, since younger people can use a similar strategy by setting up life insurance for parents, with the same concept in mind. Here is what you need to know about using life insurance as part of a strategy to build wealth.
Original Article Source Credits: The Balance , https://www.thebalance.com/
Article Written By: Mila Araujo
Original Article Posted on: July 07, 2020
Link to Original Article: https://www.thebalance.com/transferring-wealth-with-life-insurance-2645786