Does Life Insurance Help Estate Planning? 
Life Insurance is essential in estate planning for a variety of reasons . First , it provides an immediate death benefit that in most cases is very favorably taxed . It can also provide living benefits in some cases to help pay the cost of Long Term care . While it does n't take the place of Long Term Care Insurance , a critical illness , accelerated death benefit , or long term care rider can certainly help with those expenses . There are a variety of other reasons for using Life Insurance in estate planning . Each case is different and requires a comprehensive look at your personal financial situation . 