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Creating a Balance for Your Heirs

Life Events

As a parent, you are also concerned with planning and providing for an equitable distribution of your assets to your children.

Older woman gardening with small child

You've worked hard throughout your career and made sound investment decisions and sacrifices to ensure a financially secure retirement. As a parent, you are also concerned with planning and providing for an equitable distribution of your assets to your children. Many list this as a primary concern as they have seen their net worth grow over time.


Life Insurance

There are situations where life insurance can provide an effective and immediate solution to equalizing an inheritance. This is especially true in cases involving a family-owned business where one child will someday take over the operation while the other child has no interest in the business. If the business has significant value and provides a lucrative opportunity for one child, the other child may not receive his or her fair share of the estate unless specific strategies are implemented.

A life insurance strategy on the parents/owners equaling the value of the business and making the disinterested sibling the beneficiary can provide a strategic solution for this situation and can ensure an equitable distribution of assets. There are many cases where inheritance equalization is a primary planning objective. With life insurance and a well-structured plan, you can creatively implement a strategy that can help ensure distribution of your assets to your children will be equitable.