A variety of life insurance policies are available that can be used in estate planning .
Policies can be purchase to insure a single life or two lives.
Some policies may better suit you than others, depending upon your needs and life circumstances. A single individual has no other policy choices than a single life policy. The policy's benefit will help pay the taxes due on his or her estate. Policies for Married Couples Multiple options exist for married couples wishing to purchase a life insurance policy. A qualified domestic trust can be set up for individuals married to citizens of other countries.