Episode Summary
In this episode of Broker Link, Cristal Bustillos with The Brokerage Inc. Life team dives into the critical role of life insurance in legacy planning.
She breaks down how it helps manage estate taxes, facilitates charitable giving, and ensures a smooth wealth transfer.
Cristal also explains how life insurance provides liquidity for illiquid assets like family farms or businesses, helping families avoid financial strain. Plus, she highlights how it can bypass probate, saving time and legal costs.
Crystal encourages agents to take action by attending our legacy planning workshops in April and starting meaningful conversations with clients about their future goals.
Timestamps
00:00 Introduction to Legacy Planning
02:45 Charitable Giving Through Life Insurance
03:41 Wealth Transfer and Life Insurance
04:39 Emotional Aspects of Legacy Planning
05:36 Educational Opportunities for Agents
06:43 Webinars and Resources for Agents
