The Importance of Permanent Life Insurance

Carlos Monte: How do people even begin to assess whether or not they want or need permanent life insurance? Monte: One of the most popular, you know, concepts that people think about is estate taxes. He says in practicality, like working with kind of your traditionally age 55, 60 year old who's approaching retirement, it kind of it establishes this as a legacy floor. Monte: They may not have a special needs trust, but they just had this goal of leaving a legacy to their family.