Retirement & Wealth
Estate Liquidity
Cash at the point of death, so illiquid assets do not have to be sold in a hurry.
What this cover does
Estates holding a business, a farm or property can be substantial on paper and short of cash exactly when taxes, debts and costs fall due. Life cover held in the right structure provides that cash, so the family is not forced into a quick sale.
Typically included
- Lump sum available at death, outside probate where structured properly
- Funding for estate taxes, debts and administration costs
- Equalisation between heirs who inherit the business and those who do not
- Survivorship cover paying on the second death
- Buy-sell funding for business interests
Common add-ons
- Irrevocable trust ownership structures
- Survivorship and second-to-die policies
- Premium financing for large cases
- Charitable-giving structures
Questions
What people ask about estate liquidity
Is the payout taxable?
Death benefits are generally received income-tax free. Whether proceeds fall inside the taxable estate depends on ownership, which is why these policies are frequently held in trust. Your attorney and tax adviser confirm the structure; we arrange the cover.
Why survivorship cover?
Where tax falls on the second death, a policy paying then matches the need and costs less than two single-life policies for the same benefit.
Often taken together
Related cover
Retirement Income Planning
Turning accumulated savings into income that lasts as long as you do.
Read more →Quote Estate Liquidity
Tell us what you already have and we will show you where this fits — or tell you plainly that you do not need it.