Financed life insurance has become one of the most popular estate planning tools for high-net-worth families. Recently it also has made significant inroads where it never went before: among ultra-high-net worth individuals — people with estates of $100 million or more.
Historically, the ultra rich have not used life insurance as often as people with more moderate estates. Senior members of the wealthiest families seldom were enthusiastic about the amount of cash flow they'd need to gi
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