Estate taxes paid through a third party Insurance Trust This generally requires a Trust to be the owner of the insurance policy of the owner of the estate. The beneficiary is typically a spouse or in-law who uses the tax-free money to pay estate taxes. | |
Long Term Care insurance Long term care insurance usually pays nursing homes, or medical care facilities, after the 90-day Medicare exemption period. New policies can be structured as annuities with an LTC rider to pay if care is needed. | |
Disability Insurance Disability Insurance generally pays your monthly income as long as you are unable to work in your profession. | |
Medicare Supplement Many plans are currently available to pay miscellaneous costs, not covered under Medicare. | |
Annuities you cannot outlive, including Charitable Tax Credit Gift Annuities Click here for Real Estate Transfer example. | |
Variable Universal Life Insurance (VUL) A very popular form of life insurance that is tied to some type of stock market index to increase the value depending on current market conditions. |