Transferring Wealth with Life Insurance

Author: External Author | | Categories: Insurance Advisor , Insurance Agency , Wealth Management

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.

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Original Article Source Credits:   The Balance ,

Article Written By:  Mila Araujo

Original Article Posted on:  July 07, 2020

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