How can proper estate planning strategies help to mitigate potential estate tax liabilities on life insurance proceeds?

Basic Life Insurance Plan. Coverage Amount: Equal to one times your annual salary ($15,000 minimum; $250,000 maximum) Premium: Paid by the state ... Your needs will evolve in the face of such changes, which is why SMART UL comes with built-in flexibility. With our 10-Year No Lapse Guarantee6, you can ... Our guide helps make all that easy. There are three main types of universal life products — traditional, index, and guaranteed. Let's review their basics ... Universal life insurance (UL) is a type of permanent life insurance. It is a whole life insurance policy and is designed to pay out a cash lump sum upon death. Universal Life Insurance is permanent coverage that can be customized to your changing financial needs throughout your life. Aug 20, 2017 ... Enrollment has been extended! The number to call is 425-827-8397, option 1. NW Benefit Advisors can answer your questions and enroll you in this ... Universal life insurance is a permanent life insurance product which comes with flexible premium options from the day you deposit your first monthly premium. Apr 11, 2025 ... Key Takeaways · Universal life insurance provides coverage for your entire life and has a cash value component that grows over time. · You can ... Mar 25, 2025 ... Indexed universal life (IUL) set a new quarterly and annual sales record. IUL new premium increased 10% to $1.15 billion in the fourth quarter. Sep 22, 2021 ... What is the Washington State Long-Term Care Trust Act? Effective January 1, 2022, a 0.58% tax on each $100 earned will be imposed on ...