Wednesday, November 25, 2015

Overlooked life insurance policies may still be a significant asset for giving

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BY EVAN WILLIAMS
ewilliams@floridaweekly.com

Sometimes whole or universal life insurance policies that people bought years ago no longer serve their original purpose and become forgotten. For instance, such policies may have once been intended for heirs to pay off estate taxes, but now with estate tax exemptions set at more than $5 million per person, that isn’t needed.

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