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Why You Should Be Buying Last To Die Life Insurance
Sometimes called second to die life insurance, or joint and last survivor insurance, it insures two people (the parents) and is typically used to pay estate tax liability.
This is because estate tax and settlement costs can be extremely expensive and may pose a financial burden on your children. Unlike other forms of life insurance, the death benefit is only available when the last survivor dies. The more expensive the real estate, the more important it is to get last to die insurance.
Last To Die Insurance In Depth
Heirs often inherit more than real estate property. They inherit an overwhelming amount of tax, as well. Sometimes, it can we...
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