Cabins, Tax and Life Insurance – Make Sure Your Cabin Stays in the Family!
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One of the best, least expensive, and least painful methods to ensure your valuable family cabin stays in the family is with life insurance.
A last-to-die policy covering a married couple, with both spouses 65 years of age and in good health will have premiums that will easily be less than the tax bill.
Not only is it important for cabin-owners who want to keep the cabin in their family to arrange life insurance when their health is good and premiums are low, but the sooner the life insurance policy is put into place, the more peace of mind you and your family will have.