Life insurance can be an effective part of an estate planning strategy for many people. This type of insurance will pay benefits to beneficiaries in the case of you passing away. There are two types of life insurance: term life insurance and permanent life insurance....
Financial planning and estate planning are generally focused on maintaining your own financial stability, preparing for retirement, and ensuring that your intended heirs are taken care of after you have passed away. However, many people are also interested in making a...