Heirs
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Allocating money to gift to your loved-ones can be a vital part of your end-of-life plans. Here's what to consider:
Remember that the money your loved-ones receive from a whole life insurance policy is tax-free.
Consider the financial needs of your dependents and ensure there will be sufficient funds to support them.
You may want to give your children or grandchildren a financial boost to help secure their future.
Consider other financial obligations you want to protect including care costs and replacing income for your spouse.
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