Thread: How many of you don't have life insurance?
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Old 05-19-2010, 09:48 PM  
baddog
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Join Date: Apr 2001
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Quote:
Originally Posted by will76 View Post
If no one depends on you financially and you don't want to leave your kids/ grand kids an nice inheritance then I guess you don't need it.

If you will be leaving them a nice inheritance then you could use life insurance to off set estate taxes.

If you have business partner(s) life insurance is good to use for buy/sell so your heirs don't become their new partners.
My kids are going to do quite well with what I leave them, no reason to give them more.
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