Leaving a Legacy
Planning is an important part of life, especially when it comes to ensuring that your financial affairs are in order.
Legacy planning exists to assure you that your accumulated wealth passes according to your intent, and that your estate receives timely payments and pays less money in unnecessary death taxes.
If there is anyone who depends on you financially or would take on a cost if you were to pass away, then you could use life insurance. Life insurance can be a part of proper legacy planning by giving your loved ones the protection needed to ease the financial burden of your passing.
Illinois Mutual and its representatives may not give legal or tax advice. An accountant or attorney should be consulted regarding individual circumstances.