Accidental Death Insurance, Long Term Care and Life Insurance for Beverly Hills, CA Residents
Our agency is the leading provider of accidental death insurance and life insurance in Beverly Hills, California. We are the best at what we do because our legacy planning knowledge is unrivaled in this area. It takes a special brand of expertise to advise high net worth individuals, and this is exactly what we bring to the table.
This neighborhood is one of the most spectacular places on the planet. There are many jaw-dropping sights to see, and major points of interest include Rodeo Drive, the Electric Fountain, Greystone Mansion, La Cienega Park, Will Rogers Memorial Park, and Virginia Robinson Gardens, just to name a handful. Clearly, this part of town is a bastion of extreme wealth, and life insurance can serve an especially important purpose for high net worth individuals.
There is an estate tax in place that carries a 40 maximum rate. It is applicable on asset transfers that exceed the amount of the exclusion, which is $11.2 million at the time of this writing. Some families have to sell assets after the death of a loved one to pay the estate tax.
Fortunately, estate tax efficiency strategies exist. The life insurance Beverly Hills, California residents can obtain from us can be placed into a device called an irrevocable life insurance trust. Assets in the trust would not be part of your estate for tax purposes, so the proceeds could be used to pay estate taxes.
Long Term Care Insurance in Beverly Hills, California
The majority of people that reach an advanced age will require living assistance, and many will reside in nursing homes. Medicare will not pay for custodial care, and it is exorbitantly expensive to spend time in a nursing home. Everything that is spent to pay for the nursing home is money that could be passed along to your loved ones, but long term care insurance can provide a solution.
Contact Legacy Partners Right Now!
In addition to accidental death insurance, life insurance, and long term care insurance, we offer a number of other types of coverage that can be useful for some people. If you have the need for disability insurance, we can obtain coverage, and we also offer burial insurance.
We are standing by right now to help if you have questions about our offerings, and you can reach one of our Beverly Hills, California life insurance agents at 855-966-6884.