Metagen Solutions

Meta Gen Solutions

Life Insurance & Estate Planning

Have you ever thought about how your loved ones will be taken care of after your death? The answer starts with Estate Planning and Life Insurance. When properly combined, these components can provide invaluable financial support to your family and friends after your death.

Factors to Consider When Choosing a Life Insurance Policy

If you have ever tried to take out a Life Insurance policy, you are likely well aware of the numerous options available. It can be overwhelming trying to decide on the best insurance policy for your needs.

Rent

Are you the primary earner in your household? If yes, consider life insurance policies that will offer immediate financial support to your spouse and children. The right policy should aim to help your family transition through the loss.

Healthcare Costs

No one can fully predict the care they may need later in life; but one thing that is certain is that healthcare costs are constantly rising. A life insurance policy can help provide the funds necessary to cover any unexpected medical costs.

Family Size

Depending on the size of your family, it may be beneficial to name more than one beneficiary or to take out multiple Life Insurance policies. Consider how many people rely on you financially when looking at different policies, this could include spouses, children, business partners, and even employees.

How Is Life Insurance Used In Estate Planning?

Life Insurance can be used in Estate Planning a few different ways, but is often used as a way to provide extra financial support to loved ones. Life Insurance policies can help provide immediate funds to your family members which can be used to replace lost income, cover funeral costs, and pay off any debts. In many cases, these policies are exempt from the same taxes that your Estate will be subject to after death. It is not uncommon for families to use Life Insurance funds to cover federal Estate taxes, especially if there are any delays in the distribution of assets.

Life insurance can benefit your Estate by providing financial protections to your loved ones.

Wealth management solutions

At Metagen solutions, we offer a wide range of solutions and services to support you along your financial journey. Our Financial Advisors are committed to learning about your unique financial goals and creating an overall wealth strategy that supports you at every stage of life.

Our framework is designed to help you achieve your goals today, tomorrow and for generations to come.

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Helping individuals, families and companies unlock a wealth of possibilities

Planning

Get help pursuing your life goals with our proactive planning tools and highly experienced professionals who can guide you confidently forward.

Investing

Work with a Metagen Solutions Financial Advisor to develop tailored investment strategies and build a diverse investment portfolio.

Banking

Discover how investing, savings, cash management and financing can work together to address all of your wealth goals.

At Meta Gen Solutions we offer….

Mortgage Protection

Final Expense

Build My LLC

S CORP / C CORP

Estate Planning and Will and Trust

Income Replacement

Medicare

Frequently Asked Questions

What is the Best Type of Life Insurance for Estate Planning?

The best type of Life Insurance for Estate Planning will vary depending on the specific financial needs of your family. That being said, there are certain tax-forward strategies that can be used to ensure your loved ones receive the maximum amounts available.

How to Choose a Beneficiary For Your Life Insurance

To choose a beneficiary for your life insurance, think about who will be in charge of your end of life care and associated costs. Many married couples will choose their spouse as the main beneficiary, especially if the deceased is the primary income-earner. One thing to keep in mind is that you should always name contingent beneficiaries in the event your spouse or other named beneficiary passes away.