Life insurance to save you estate taxes

Q: What is the best life insurance option to help offset taxes payable upon death?
—Scott
A: Good question, Scott. The best insurance option in this case really depends on whether you are single or married.
If you are single an Individual Permanent Life Insurance policy is likely best. These policies cover you for your whole life—and some types can build cash value over time. The growth of cash value is generally on a tax-deferred basis, meaning that you pay no taxes on an