Right and Wrong Ways to Use Life Insurance (Part 1 of 4)

[acumedcorp]

MORON! The only reason why he is talking about this is because he sales That crapy insurance, IDIOT

[kaveshlaw]

@acumedcorp We actually don't sell life insurance. We are a law firm that provides estate planning services. The reason why we do discuss this topic is because we feel that financial planning is important in the planning for your estate, which does include utilizing life insurance as an option for planning. Thanks for taking the time to visit our videos!

[Sternfil]

I've been approached about 2nd to die - I'm 60, wife 59 - I'm running the numbers and I can't make sense of it. What happens if I die early and my wife lives another 20+ yrs? Wouldn't the first death policy have been better? I've run a "lost opportunity cost" calc on the DB not paid and the number is staggering that is lost to my family? I can only see this type of INS working if we both die around the same age? Have you thought this through? It seems to me not to make sense and I'm a cpa.

[MichaelRMackay]

@Sternfil

Give me an email with your contact info and I can fill you in on how to properly plan for the orderly disposition of your estate assets with minimal tax consequences that you will understand and more importantly, as a CPA agree with once you've "run the numbers".

taxfree4life@gmail.com