You Have Worked a Lifetime to Accumulate Your Wealth - Let Pacific Life & Annuity Help You Preserve It for Your Heirs.
Most people don't normally think of their possessions as an "estate," nor do they worry much about what will happen to it all when they're gone. Most people just assume that their possessions will simply pass on to their families. However, at your death the federal government imposes an estate tax on all property in excess of $1,000,000* passing from your estate to your heirs -- as much as 50% of your hard-earned assets. In addition, estate taxes are due in cash within nine months of death.
Do you realize that the Federal Estate Tax is usually the largest single tax payment a person will ever make?
Let a qualified life insurance professional show you how a Pacific Life & Annuity life insurance product can work to help you reach financial security.
* In 2003, the Applicable Exclusion Amount is $1,000,000 and will gradually increase to $3,500,000 in 2009. In 2010 federal estate taxes will be temporarily repealed. In 2011, the applicable exemption amount will return to $1,000,000.
Pacific Life & Annuity Individual Life Insurance products are only available in the state of New York