How To Use Life Insurance For Estate Planning? 
Life insurance is a superb tool for making your mark on the world even after you pass away . Lets suppose youre a family-first type of person . Your spouse , your kids , your grandkids mean everything to you . You want all your assets to go to them - the house , the business interest ... all the stuff you have built and accumulated and enjoyed throughout your life . If you dont take proper precautions , Uncle Sam could grab a good chunk of that when you die . But if you plan properly , it can all go to your family . And life insurance can take care of Uncle Sam . Putting life insurance in place could enable you to keep all your assets intact for posterity . And it could help you satisfy your estate tax obligations for pennies on the dollar . It is a good deal . And you know what else you could do with life insurance in your estate planning ? You could make significant donations to charity . Because the premiums are so low compared to the benefits , you could spend not a lot of money but have a huge impact on the good work of your favorite nonprofits . Think about the difference you could make in the world by helping your favorite religious/political/social / medical research group . Perhaps you could fund the research needed to in eliminate cancer . For good . All with a life insurance policy included in your estate ! 