Did you think Survivorship Life was only used to cover an estate tax liability? Think again.
For your clients, providing liquidity for estate taxes is one reason to sell Survivorship Life, but consider three more reasons:
- Step-up in basis at death.
- Income in respect of a decedent.
- Legacy for children and grandchildren.
If you’d like to know more about these three important reasons that you should recommend survivorship life insurance coverage to your clients, watch the video!