18 min
Ep 132: Reasons You SHOULD Get Life Insurance Phil's Tax Hacks
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- Investing
The idea of a podcast on life insurance might not sound like the most exciting topic, but we’re going to put a positive spin on it today and tell you why you should get it. Or at the least, consider adding it to your portfolio. Life insurance can serve many different purposes for financial needs and we’ll share a few you might not have thought of on this episode.
Watch the video podcast: https://youtu.be/dEGFLe0qJFU
Read more and get additional financial resources here: http://philstaxhacks.com
Today's Key Points:
0:58 – Income Replacement
3:55 – Estate Liquidity
5:11 – Transferring family wealth
7:28 – Business succession
9:01 – Tax-free benefits
12:39 – Long-term care coverage
14:23 – Using all the tools at your disposal
The idea of a podcast on life insurance might not sound like the most exciting topic, but we’re going to put a positive spin on it today and tell you why you should get it. Or at the least, consider adding it to your portfolio. Life insurance can serve many different purposes for financial needs and we’ll share a few you might not have thought of on this episode.
Watch the video podcast: https://youtu.be/dEGFLe0qJFU
Read more and get additional financial resources here: http://philstaxhacks.com
Today's Key Points:
0:58 – Income Replacement
3:55 – Estate Liquidity
5:11 – Transferring family wealth
7:28 – Business succession
9:01 – Tax-free benefits
12:39 – Long-term care coverage
14:23 – Using all the tools at your disposal
18 min