Friday, September 18, 2009

Near Retirement? Cash Values in Life Insurance Can Pay For LTCi


What should older clients do with the cash value life insurance they no longer need? Rather than cash in their policies and face the dire tax consequences, many advisors are finding creating uses for the internal build-up, including paying for LTCi. Two relevant articles that speak favorably of the strategy were written for consumers and appeared in the August 30th edition of the Chicago Tribune.

Read the articles here and here.