It’s official, the Tax Cuts and Jobs Act has passed and with it, sweeping changes to the tax code. The Federal Estate and Gift Tax exemption has been increased to $11mm (indexed for inflation) per individuals in 2018. Although the federal estate tax appears now to...
To answer that question we need to understand the difference between Whole Life when it first emerged in the marketplace and Whole Life as we know it today. “First Generation” Whole Life was a truly guaranteed, rather simple product. An agent could calculate the...
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