As we all know, life insurance can help provide for education expenses, to pay off a mortgage, and loss of income because of the loss of a loved one. Life insurance also can be useful when used properly within the context of an individual’s estate plan to help minimize or completely avoid federal estate taxes that would ultimately have to be paid by one’s heirs. The wealth advisors at Shealy Wealth Management can help work in conjunction with your estate planning attorney to own life insurance within such entities as ILITS (Irrevocable Living Insurance Trusts) when appropriate. Shealy Wealth Management is also prepared to help you with the more traditional uses of life insurance as well. Being an independent agent, Shealy Wealth Management can use a wide range of carriers whether for permanent or term insurance to meet your needs.