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May 4, 2022 26 mins

No one likes to think about their own death, much less plan for it. But if you have a high net worth, estate planning is something you shouldn't ignore. 

Without a solid estate plan in place, your loved ones could be faced with a significant tax bill upon your death. That's why it's so important to start planning now.

One way to help protect your loved ones and minimize the estate tax burden is by using life insurance. With life insurance, the proceeds from your policy can be used to help pay the estate tax.

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