Income Replacement & Legacy Plans

INCOME REPLACEMENT & LEGACY PLANS

Protect What Matters, Plan for What Comes Next

Life insurance and estate planning can work together to help transfer wealth, provide
liquidity, and establish a legacy of security for the people, organizations, or causes
that matter to you.
Whether your priority is protecting your family’s income, transferring wealth, or making
sure your wishes are carried out, the right plan can provide financial protection today
and leave a legacy of security for tomorrow.

 

INCOME REPLACEMENT

Protect the people who depend on your income.
Life insurance can provide funds to help replace lost income, protect the household’s
financial obligations, and help your family maintain financial stability when life takes an
unexpected turn.

Solutions may include:

• Term Life Insurance
• Whole Life Insurance
• Universal Life / IUL
• Burial & Final Expense Coverage

 

ESTATE PLANNING

Make sure your wishes are documented and your affairs are organized.
Estate planning helps you determine how your assets, responsibilities, and legacy
should be handled—and who should receive them.


Planning may include:

• Wills
• Trusts
• Beneficiary Designations
• Powers of Attorney
• Healthcare Directives
• Other Estate Planning Documents

 

LEGACY TRANSFERS

Create a strategy for what you leave behind.

Without a plan, important decisions concerning your health, finances, and assets
could ultimately be left to others. Your estate may also be subject to probate to
determine how assets are distributed, potentially creating delays, expenses, and
unnecessary complications for your loved ones.

Life insurance and estate planning can work together to help transfer wealth,
provide liquidity, and establish a legacy of security for the people, organizations,
or causes that matter to you.

 

FINANCIAL PROTECTION

Protect the financial foundation you’ve worked to build.

Your protection plan should consider more than just death benefits. It should take into
account income, family obligations, assets, debts, business interests, and your long-
term objectives.

Your protection needs are personal. Your plan should be too.

Let’s look at your goals, responsibilities and what you want your money to
accomplish—then determine which strategies may fit.