Life Insurance As Part Of An Estate Plan

Many people, when they think about estate plans, have the idea that they are complex and difficult to work with. However, most estate plans are made up of some very familiar financial instruments. Life insurance should be part of everyone’s estate plan because they are easy ways to leave money to loved ones and others. Read on to find out more. Two Types of Life Insurance You can purchase whole life or term life insurance and they differ in these ways: