There are several factors that will affect your ability to pass on wealth to your family. When you set money aside to pass on to your family, there are several factors that can impact how well it performs in the marketplace as well as how efficiently it can be handed off to your family.
One asset class many people may have not considered is Cash Value Life Insurance. Cash value life insurance allows tax-deferred accumulation of cash values to provide income options for retirement, college funding, or other needs and objectives.