The Benefits of Term Life Insurance

Clark Allison of the California Estate & Business Law Blog wisely posts to an article in the WSJ (account required) about the recent affordability of term life insurance policies.

The low cost of these policies is a positive thing for estate planners and their clients as the flexibility they provide far exceeds their cost. The increased liquidity they can provide a surviving spouse/descendants can cover any potential need from the expenses of the death itself to paying state or federal estate taxes.

Thanks Clark. This is stuff everyone should know.

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