谢谢ConeHead, 虎崽羊妞, 和jy101. 接着问...

I know it is not an easy question, that why I ask you guys since you are good (if it is simple, I will take care of it -:).

My friend has two kids in College, and both he and his wife are scientists in US companies, not low level, but not on the CEO/CFO/CTO... level. 

I think they are thinking about it, mainly for the Estate Tax reason. Otherwise buying a term life maybe cheaper.

If the tax-free thresh-hold is 3.5 mil, then I think they don't need them (my guess). If it is 1 mil, maybe they will need it.

I never own UL or UVL, so I don't quite know. Even if it make sense for the Estate planning, does it make sense to cancel the old one and move it to the new one? The FA said the old one in his old company is more expensive. I don't know if it is true or he simply just want to earn some commission. From jy101, it seems like a hard question to answer....

所有跟帖： 

• Usually it costs more to replace -Conehead- ♂ (136 bytes) () 10/28/2010 postreply 19:42:36

• Well, I like to learn too. -JR98- ♂ (586 bytes) () 10/28/2010 postreply 19:46:26

• you are asking a question of estate planning, -jy101- ♂ (428 bytes) () 10/28/2010 postreply 20:13:49

• Get an attorney is the right way to go. -Morning3evening4- ♂ (446 bytes) () 10/29/2010 postreply 07:13:32