How rich Americans use life insurance to save on taxes and protect their kids' inheritance with this neat trick

07/22/2024, 9:10 AM
businessinsider.com

How rich Americans use life insurance to save on taxes and protect their kids' inheritance with this neat trick

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Estate taxes pose a dilemma for asset-rich but cash-poor Americans. To pay Uncle Sam, their heirs may be forced to liquidate their real estate empires or privately held businesses.

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