federal estate taxes - seeman holtz Are you about to collect on a life insurance policy, or are you equipped with one that you’re hoping with fuel your family’s needs in case you pass? How do you prevent the federal government from destroying the inheritance with estate taxes?

“The main reason that most people have life insurance is to replace income that would be lost if they die prematurely. In general, a policy beneficiary can receive life insurance death benefit payments free of any federal income tax (and usually free of any state income tax too)…” [ Read more here ]