Tax Liquidity Planning
Ensuring That Estate Taxes Can Be Paid
Ensuring the smooth transition of your business and estate is essential to protect your loved ones and secure your legacy. Estate taxes can present significant financial challenges, especially for those with substantial illiquid assets, like business owners. When passing along the family business to the next generation, finding the liquidity required to pay for estate taxes can be difficult, often forcing the sale of assets. At Hylant, our expert team collaborates with your advisors to ensure that your tax liabilities are funded through innovative and cost-efficient life insurance solutions, safeguarding your assets and providing peace of mind for the future.
Using Life Insurance in Estate Planning
Life insurance is a strategic tool for estate planning, ensuring financial security for loved ones. Acquiring a policy aligned with your estate planning objectives can provide several benefits:
- Tax-free death benefits that provide immediate, tax-free liquidity
- Absolute guarantees that ensure funds are available when needed
- Liquidity that facilitates tax payments without asset liquidation
- Diversification that reduces the risk associated with illiquid assets
Connect with a Trusted Executive Benefits Advisor
Rich Vogel
Managing Director, Executive Benefits
Atlanta
Bob Kelleher
Senior Vice President Employee Benefits
Toledo