You’ve worked HARD to accumulate your retirement assets over the years. You very likely sacrificed, worked extra, saved when it was tough to do so, and never lived beyond your means. There’s certainly a lot of blood, sweat, and tears behind it.
Insurance For Looking to Leave a Legacy
When asked, “So what do you want to happen AFTER you pass?”
The answers are often:
- We’re not sure
- Leave it to our children and/or grandchildren
- We’d like to also leave something to our church or favorite charity
Regardless of whether your answer is one, two, or all of the above, we’d encourage you to have this conversation.
Did you know there are strategies available that could help you pass on MORE? This is especially true if your adult children would inherit your substantial IRA, 401(k), 403(b), or any other pre-tax investment. Laws have changed in such a way that it could have a substantial impact on the net amount left for your heirs. Regardless of how many children or grandchildren you have, add one more “beneficiary”: the government. The interesting part is—they tell you how much is theirs, with the balance being distributed to your heirs according to your wishes.