BCG Companies: Insight on How Life Insurance Can Assist with Asset Protection, Estate Planning, and Business Succession
Posted on 02.18.15
We wanted to share this insightful article from BCG Companies’ Eric Hieber.
In today’s world of higher taxes, clients are looking for planning strategies that protect their assets for future generations. Life insurance has unique features that make it a great tool for generating tax-deferred and, possibly, tax-free benefits that can be used for various purposes, including, asset protection, income replacement, estate planning and business succession.
This article summarizes these features and provides insight into how life insurance can and should be a part of long-term planning strategies for high net worth clients.