I think Life insurance is often the single largest asset in any person's estate. Life insurance proceeds can have many uses in estate planning.Any estate, large or small will have a need for cash to pay taxes, administration expenses, and debts of the decedent. Life insurance proceeds can also be used to pay off large debts such as mortgages, cars and the like. In this way, the surviving spouse and dependent children will be less likely to need to alter their lifestyle.

William and Margaret Strobie gave the gift. They taught English literature at the university for decades and they want to instill the love of books to young professors and thousands of students. When Margaret died in 1990 and her husband, William, followed in 2007, he decided to leave their Inuit art, papers, book collection, and a fortune of stocks to the school.
Tia smith
Estate Planning