Don't expect much of an inheritance if you have Boomer parents or grandparents. Most Boomers don't plan on leaving money behind to their heirs. But even if they did, you'd have to wait until the nursing homes and government get their claim. Many Boomers are expected to live a long time and 70% of them will experience
#longtermcare for at least a year. Not only that, the
#money they leave behind will likely be taxed. That is, if there's anything left over after end of life care expenses. So if you're one of the Boomers, Gen X, or millennials who plans on leaving
#generationalwealth to your family, you might want to take a serious look at
#cashvaluelifeinsurance A permanent
#lifeinsurance plan pays out income tax free upon your passing and can also be used to pay for long term care. Comment "money" below if your interested in learning how life insurance can protect your family legacy and ensure generational wealth!
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