純資産の高い人が生命保険を必要としないと考えるのは、おそらく珍しいことではありません。
結局のところ、あなたが一定の金額を持っているとき、あなたはあなた自身が本質的に自己保険に加入していると考えるかもしれません。
しかし、自己保険は保険ではありません。
これは、富裕層の個人にも当てはまります。
純資産が高い人は、通常、生活費と借金も高くなります。
大規模な不動産でさえ、家族の主な収入者がいなければ、驚くほど短時間で排水される可能性があります。
そのため、純資産の高い人の生命保険は、一般的に想定されているよりもはるかに重要です。
理由は何ですか？
平均葬儀費用は8,700ドル以上です。
しかし、富裕層の場合、その数字は数倍高くなる可能性があります。
100万ドル以上の金融資産を抱える不動産を離れる場合、これはかなり簡単に管理できる可能性があります。
しかし、医療費は別の話かもしれません 。
確かに、健康保険契約には固定の控除額と自己負担の上限があります。
しかし、1年以上続く末期症状が長引く状況では、直接費用がはるかに高くなる可能性があります。
実験手順と治療が末期患者に施されることは珍しいことではありません。
次に、過期授乳の問題があります。
ナーシングホームの現在の費用が$ 100,000を超える、または月額$ 8,000を超えることをご存知ですか？
特定の種類の末期症状では、1年以上看護施設にいる可能性があります。
その結果、6桁の支出が発生し、医療保険で部分的にカバーされるのに勝るものはありません。
健康保険や介護保険に加入していても、医療費と葬儀費の合計が6桁になる可能性があります。
金融資産が50万ドルから、たとえば200万ドルの間であれば、愛する人のお金を大幅に減らすことができます。
生命保険はこれらの費用をカバーし、あなたの財産全体をあなたの家族に任せます。
歴史的に、相続税は、富裕層が生命保険に加入している主な理由の1つです。
相続税はあなたの資産から大きな塊を奪う可能性があり、それはあなたの相続人にあまり残らないでしょう。
連邦遺産税の基準額は、2018年の11,180,000ドルから、2019年には1,140万ドルと高くなっています。これは、かなり大幅な増加です。
しかし、連邦政府のしきい値が増加するのと同じように、それも減少する可能性があります。
この減少は、政府が将来の財政赤字の穴を埋めるために税収を増やすことを検討している場合に発生する可能性があります。
一般の人々に影響を与える増税を制定するよりも、金持ちに税金を上げる方が一般的に政治的に人気があり、リスクも低くなります。
あなたが懸念しなければならないのは、連邦遺産税だけではありません。
少なくとも12の州には、連邦の制限をはるかに下回る相続税のしきい値があります。
たとえば、マサチューセッツ州とオレゴン州の両方が、100万ドルを超える価値のある不動産に相続税を課しています。
相続税に関しては別の問題があり、それは連邦税と州税の両方に適用されます。
不動産税の目的では、不動産は、譲渡性預金、株式、証券口座などの金融資産だけでなく、資産ベース全体です。
あなたの財産に含まれる他の資産は次のとおりです：
これらの資産はまだあなたを連邦遺産税の範囲に押し込めないかもしれません。
しかし、何百万人もの人々は、州レベルで税金を発動するのにかかる100万ドルまたは200万ドル以上の価値があります。
お金による広告。このad.Adをクリックすると、報酬が支払われる場合があります。
生命保険に加入すれば、家族の面倒を見ることができます。万が一、大切な人の健康のために、大切な人に金銭的な巣を残しておくことをお勧めします。詳細については、州をクリックしてください。 はじめに It’s not uncommon even for high net worth individuals to underestimate the amount of debt they have.
For example, if your gross estate value is $3 million but you owe $1.5 million in various loans, your loved ones could be forced to liquidate much of your estate to settle those debts.
The problem is once you’re gone, your estate may remain, but your income will go with you.
Though you may be able to comfortably afford your current debts, your family might not be able to do the same without your income.
What’s more, the inability to service those debts could result in your family liquidating assets at less than fair market value.
It’s the kind of thing that happens when bills are piling up and money is short.
Still another possibility is your family attempting to retain the assets securing those debts.
In an effort to do so, they may drain down liquid and financial assets.
As they do, their ability to sustain themselves, as well as to draw income from those assets, will gradually decline.
Eventually, they could be left broke – while still owning indebted physical assets they will no longer be able to carry.
This is often how even very large estates are lost forever.
A lot of high net worth individuals have substantial business interests.
But along with business interests come business debts.
Once again, those debts might be easily serviced while you’re alive and running your business.
But your death may result in a decline in gross business income, which will leave less cash flow to pay debts.
And of course, just because you’re gone doesn’t mean the debts will go away.
One of the primary reasons why high net worth individuals have life insurance at all is because of business debt.
Often, the family isn’t connected with the business and won’t be able to maintain it after your death.
The debts will still be there, needing to be either serviced or paid off completely.
Enter life insurance, which can provide the coverage your family needs.
Still another consideration is the possibility (or even the likelihood ) that your business debts carry your personal guarantee.
That being the case, your business debts will extend to your personal estate.
Life insurance for the purpose of paying business debts may not enable your family to continue operating the business indefinitely.
But it will buy them time to sell the business or shut it down absent the need to pay off business-related debt.
If you live to a ripe old age, when it’s just you and your spouse living off retirement income and the investment income from your financial assets, life insurance may not be that important.
Much or most of the income will continue flowing to your spouse even after your death.
But it’s different if you have a dependent family, particularly children, and a nonworking spouse.
Since you’re a high net worth individual, you probably also have a high income.
That money will certainly disappear upon your death.
But your family’s living expenses won’t.
For example, let’s say you currently earn $500,000 per year.
Now you may be a committed saver, saving $200,000 out of that salary each year.
But that means your family is living on $300,000 per year.
If that income disappears, they may have to live on a lot less.
Since that’s a less than desirable outcome, you’ll need a large amount of life insurance to support them.
College is an especially significant family expense.
It can cost several hundred thousand dollars to send a child to a high-quality school.
If you have several children, or if any one of them wants to pursue a career which requires an extended education, the total cost is even higher.
A large life insurance policy, even just for education, can make that happen after your death.
Even if you’re a high net worth individual, you don’t want to pay too much for life insurance or have more of it than you need.
You can match coverage with specific needs.
In most cases, term life insurance will be the most cost-effective.
It’s much less expensive than whole life insurance and other investment type policies.
That not only keeps premium costs low, but it also allows you to buy more coverage.
In addition, it tends to match up better against specific expenses.
For example, let’s say your estate has a gross worth of $4 million, but you also have $2 million in debt.
If you expect all the debt to be fully paid within 20 years, you can take a 20-year term policy for $2 million to cover them in the meantime.
Once they’re fully paid, there will be no need for coverage and you can then let the policy expire.
The situation is similar to providing a college education for your children.
You may only need a policy until they complete their educations.
In each of the above situations, term life insurance is the best choice.
But you may need to look at some form of permanent insurance if you want to leave additional funds for your spouse.
Term policies eventually expire, and you won’t be able to replace them beyond a certain age.
On the other hand, a whole life policy will literally last until the end of your life.
Of course, that means it will cost more in annual premiums.
But if you’re a high net worth individual, it will be well worth your time to consider the best combination of coverage and cost.
As you shop for life insurance, take a look at my review of the top ten life insurance providers in the United States to ensure you get the best price and policy for your needs.
It’s the best way to ensure your loved ones will get the benefit of your entire estate upon your death.
