Kujala states: “Doing that creates an asset that becomes income tax-free in terms of the death benefit and becomes state tax-free because it’s owned in an irrevocable trust outside of your taxable estate.”

Authors

• Person: Not available Organization: U.S. Bank
  Why is insurance important in financial planning? | U.S. Bank

Sources

• Why is insurance important in financial planning? | U.S. Bank www.usbank.com U.S. Bank via serper

Referenced by nodes (1)

• death benefit concept