Buhay Insurance Agent

Did you know that when someone passes away, the family cannot withdraw the savings on his/her bank account, right away?

Did you know that when someone passes away, the family cannot withdraw the savings on his/her bank account, right away?

The bank freezes the account and checks the tax obligations of the depositor. Then, his family should pay the ESTATE TAX before the proceeds can be released.

For how long? Make sure you have extra cash and the patience to withstand the wait.

This is why Life insurance is better. If the Insured passes away, the beneficiaries will not only receive millions of the guaranteed face amount, they don't need to pay extra. It's tax free. Nothing to lose, so much to gain.

Do you want to know more about proper Estate Planning? Send me a message today! ☺️

In my 6th year with PRU Life Uk and counting.
All thanks to my dear clients and family. =)