Burial insurance is becoming more necessary as the cost to put you six
feet under is becoming more expensive every day.
If you died last night the funeral expenses alone would be between $7,000 and $10,000.
There are other expenses that most people don't think about until they are confronted with them and they are forced to find the money to take care of them. Why not do it the easy way.
Is there anything more important than your Family's Security? What would happen to Your Family if you died? Would they be provided for? Compare Quality Life Insurance Quotes from Quality Carriers and Save. Click Here To Learn More
Your burial insurance policy should include the costs to go to probate
with your will. Assuming you have a will, before your assets are
distributed to your heirs your last will and testament has to go to
The costs for this varies depending on the size and complexity of your will. For the average person it could be cost from a few hundred dollars to several thousand dollars. Truly large estates are another story.
Your attorney has to do all the basics before your heirs can get
their hands on any cash.
Attorney's fees should be considered part of your burial costs. You should make sure there are sufficient funds readily available to pay your attorney up front.
This should expedite the settlement of your will. These fees also usually depend on the size of the estate and how easily it can be disposed of.
Estate taxes is the big item. If your estate is in excess of
$1,500,000 in the year 2005 you will have to pay estate taxes which can
take quite a chunk out of the money intended for your loved ones.
Thanks to the congress in the year 2006 your estate must be in excess of $2,000,000 before you will be taxed. By 2009 the amount exempt will be 3,500,000.I believe it is now $3,000,000.
Although this is not usually considered in your burial insurance package may be it should be as these taxes must be paid before assets are distributed.
When planning the distribution of your assets in the event of your untimely be sure to bear in mind these burial costs and include them in your insurance portfolio.
Don't pay too much for life insurance! Shop and compare Quality Quotes from Quality Carriers first. Just answer a few quick questions then get your Quotes. The process is Easy and FREE. Click Here For Free Quotes
Home Burial Insurance Whole Life Insurance Online Level Term Life Insurance Universal Life Insurance Variable Universal Life Insurance Accidental Death Benefit Waiver Of Premium Affordable Term Life Insurance Beneficiaries Buy Term Life Insurance Decreasing Term Life Insurance Quotes Estate Planning Family Protection Free Term Life Insurance Quote How Much Life Insurance For Small Business Incontestability Insurance Commissioners Lapsed Life Insurance Policies Life Insurance Dividends Life Insurance Income Limited Payment Life Insurance Mortgage Life And Disability Insurance No-Load Life Insurance Nonforfeiture Values Permanent Insurance Retirement Planning Risk Appraisal Term Insurance Quote Term Life Insurance Quotation
Copyright © 2004 - 2019 LifeInsuranceHub.Net. All Rights Reserved.
The amount of spendable income an individual has helps determine what is affordable life insurance.
You have been hounded by life insurance agents from your senior years in college. You just didn't see the need to buy personal life insurance.
Some people don't understand how you can buy term life insurance with no medical required. They are under this illusion that in order to issue such policies the premiums have to be higher than the nor
Term life insurance no exam necessary. These days, it appears that, everyone wants to buy term life insurance.
Finding the best term life insurance policy can be a very tedious exercise. What really is the best? It is important to make a decision as to why this life insurance is needed in the first place. We t…