Why Use Life Insurance For Estate Planning? 
There are several uses for life insurance in estate planning . I am in an agricultural area and many farmers are land rich and cash poor . When they die the taxman wants his part immediately , the heirs are forced to sell part of the property to raise money to pay the taxes , and life insurance is much more convenient and can perpetuate the farm . Sometimes there are multiple siblings but only one business . The child that gets the business is seen as being treated differently . Life insurance can balance the estate providing each child with an agreeable amount . There are other uses . 