Insurance can be used as an estate planning tool to provide a tax-free lump-sum death benefit, provide liquidity to pay taxes and debt, and provide funds when needed.

Authors

• Person: Not available Organization: RBC Wealth Management
  Six financial literacy principles - RBC Wealth Management

Sources

• Six financial literacy principles - RBC Wealth Management www.rbcwealthmanagement.com RBC Wealth Management via serper

Referenced by nodes (5)

• liquidity concept
• insurance concept
• debt concept
• estate planning concept
• death benefit concept