Although most of us have some idea of where we want our money to go after our deaths, recent surveys report that more than half of Americans do not have a will in place. For individuals without heirs, dying without a will (“intestate”) leaves the dividing of all assets to the state’s court system, and the outcome may not be what the individual intended. Indeed, the property may be given to estranged relatives or even kept by the state (“escheated”).
That’s why estate planning is essential for everyone, and whether you’re a single person or a childless couple, you’ll start with a few key steps:
During the estate planning process, if you find yourself in need of additional funds and if you have life insurance policy, Fifth Season Financial might be the right fit for you. Fifth Season offers advance payment from your policy through the Funds for Living and Giving Program (FLAG), only if you’re suffering from a terminal illness. You’ll maintain ownership of the policy, and there will still be funds for family, friends, for charity, and for other beneficiaries to receive in the future. For more information, .
Are you in the estate planning process, in need of additional funds and have a life insurance policy? Fifth Season Financial might be the right fit for you. Through the Funds for Living and Giving Program (FLAG), you’re able to receive an advance payment from your life insurance policy while still preserving funds for your beneficiaries to receive in the future. If you’re interested in finding out how life insurance loans can help you, contact us for more information at .
Disclaimer: Fifth Season Financial is not a financial advisor or consultant and recommends that you speak to an advisor or expert before making any significant financial decisions. State bar associations and the American Bar Association can help you find the attorney with estate planning expertise who is right for you.
Relieve financial stress with the FLAG Program, a viatical alternative that uses your life insurance for a cash advance