Estate Planning with Life Insurance
How to Implement Life Insurance in Estate Planning
A well designed estate plan uses life insurance to minimize estate taxes, income taxes, and allows property to be passed to your heirs while avoiding costly probate proceedings. This work is often done through the implementation of trusts that are both owners, and beneficiaries, of specially designed life insurance policies. To help implement such plans Bay Life Brokerage consults with a specialized group of Estate Law Lawyers at Home Trust Legal, owned by Attorney Megan Coyle. This Maryland based Estate Planning Law firm helps our clientele set up holistic estate plans that include Wills, Medical Directives, Power of Attorney, Irrevocable and revocable trusts. Our specialized knowledge can not only streamline wealth transfer but also protects clients from the risks associated with a prolonged chronic illness. In an ever changing political landscape it is more important than ever to work with professionals with knowledge on the laws that impact the success of your estate!
Contact us.
Austin.Lewis@baylifebrokerage.com
(443) 370-4107