Life Insurance Planning For Seniors

There are many reasons to own life insurance after age 55.  Finding the right policy is sometimes difficult, as is underwriting the plan.  We are able to help in both regards.  If you think you need a policy and are over the age of 55 please contact us to discuss your particular situation.  Here are some of the common reasons to own life insurance: To protect a spouse's income in the event you die or lose your pension. Replace wealth spent on long term care expenses later in life. To guarantee a certain level of family inheritance. To create an education trust for future generations of grandchildren and great grandchildren. Balance inheritance amounts when a family business or property is part of your estate. To provide funding to transition a family business to a future generation. To pay income, capital gains, inheritance (state level) and estate (federal) taxes. Burial and other final expenses. Determining the exact amount of coverage, type of policy to use and legal structure for your specific needs is a difficult process.  We work with various professionals on your team to help you make the right decisions.  We can also provide referral to top CPAs, Financial Planners and Attorneys for your consideration.  Contact Kirk Spano to discuss your situation.