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Salzberg Insurance Agency Blog: life insurance

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There are certain instances in which a life insurance policy’s death benefit can be subject to estate taxes. One way to ensure that your policy will be exempt from federal and state taxes is to have the policy in an irrevocable life insurance trust also called an ILIT. What is an ILIT? READ MORE >>

Many financial experts consider life insurance to be the cornerstone of sound financial planning. It can be an important tool in the following situations: Replace income for dependents If people depend on your income, life insurance can replace that income for them if you die. READ MORE >>

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Salzberg Insurance Agency
249 East Little Creek Rd.
Norfolk, VA 23505-0649
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