Money Talks...

Thank you for joining this issue of Money Talks…. Today we would like to talk about family.

An ideal family can be defined as a unit that provides love, support and stability to it’s members. An ideal family is where each member feels valued, respected, and understood. An ideal family fosters a positive environment for growth, learning and emotionally well-being

So what happens when a family member dies? Emotions run high, everyone is exhausted, difficult decisions are needed to be made. Matters can become even more complicated financially.

Life insurance can ease the financial burden for a family. Most people buy life insurance for two reasons: for love or for greed and sometimes both. Life insurance can benefit the family in multiple ways:

• Passes to beneficiaries tax-free

• Pays for funeral cost

• Pay off outstanding debts

• Pay costs of college education

• Pay off or pay down a home mortgage

• Replace loss income

• Supplement a retirement

• Create liquidity to pay estate taxes

What a great tool to implement for your family legacy. The time to start is NOW! Contact us today to schedule a meeting.

See you next time,

Diane