Discovering that you have been declined for life insurance due to health concerns can be an unsettling experience. Finding out that door is closed often leaves families feeling stuck and worried about the financial future of their heirs. Fortunately, a denial does not mean your planning has to come to a halt.
If you’ve spent a lifetime building a sizable 401(k) or IRA, you likely have a specific vision for that money. You see it providing for your children or grandchildren long after you’re gone. But under current laws, that “pool of money” might actually be a “tax bill in disguise” for your heirs.
When it comes to the end of life, many people joke that they don’t care what happens because “I won’t be there.” However, leaving a clear plan for your final wishes and, more importantly, how to pay for them, is one of the last great gifts you can give your family.
Southwest Michigan Financial, LLC
4341 S Westnedge Ave, Ste. 1201
Kalamazoo, MI 49008
Phone: (269) 323-7964
Southwest Michigan Financial, LLC
830 W Michigan Ave
Marshall, MI 49068
Phone: (269) 323-7964
