Did you ever wonder why the rich buy so much life insurance? The answer is in the numbers: The crazy tax law allows you to multiply a small portion of your wealth into millions of tax-free dollars. How, you ask?
This article shows you the “how,” whether you are rich or just want to mimic the insurance strategies they use. Let's start by answering this question: How much must you earn to leave your heirs (say your kids) $1 million? Would you believe $3,030,030?