Life Insurance as an Estate Planning Tool

A life insurance policy is a valuable asset and should be integrated into any estate planning package. Life insurance policies are also an ideal asset in terms of income and estate tax-free gifting.

At the Law Offices of Fowler & Associates, LLC, our experienced estate planning lawyers help individuals and families integrate life insurance policies into comprehensive estate planning and asset protection plans.

For our clients with taxable estates and relatively little liquidity, life insurance planning can be a creative solution to maximizing the impact and the value of their estates. An appropriately structured life insurance policy can also be a useful tool for minimizing the tax burden on an estate.

Life Insurance Planning Can Be Complex. Experience Matters.

There are many different kinds of life insurance. The options can be confusing, and unfortunately, many lawyers have little or no experience in the area of life insurance planning.

At the Law Offices of Kathleen Fowler, LLC, our attorneys have extensive experience with life insurance. We audit existing policies annually and help our clients make important decisions in the management of these policies. We also help our clients evaluate life insurance options as part of their comprehensive estate plan, and our experience generally results in life insurance that provides the most low cost benefit owned in the most tax favored manner.

Let us help you determine if life insurance planning is a solution that you might consider. We can help you choose insurance companies and can audit and monitor your existing policies. We can offer you experienced strategic guidance in acquiring a policy, increasing or decreasing benefits, and answer any of your questions concerning ownership and beneficiary status.

 

To discuss planning a sound life insurance policy to ensure you and your loved ones are taken care of, please call The Law Offices of Kathleen Fowler, LLC at 508-385-6263 for your FREE legal consultation.