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What Is a Joint Survivorhip Or
Second To Die Life Insurance Policy ?

Is a life insurance policy that covers the lives of two people instead of one.  However, proceeds are only  payable after the second insured person's death. Joint survivorship is generally designed to help us protect our estate from inheritance taxes !

Is It For Us ?

If we  have or anticipate having large estates, or
other personal reasons. (consult with your estate plan attorney)

What's Our Benefit ?

The cost is generally lower than insuring both lives indvidually
(dependeing on age differences)
Policy may still be available
even if one of the two is uninsurable.

Be sure to discuss it with your estate planning attorney if you need such insurance and how much!  Estate planning attornies can  help reduce expenses associated with probate court and lowering estate taxes
by proper planning in advance!
IRS Form 1041 U S Income Tax Return for  Estates and Trusts