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12-12-2004, 12:08 AM #10Member
Importance of Testing Well for Life Insurance Policy?
Hell, while I'm here, if anyone needs individual or small business financial services, I'm your dude. :-) We can look over some financial business, then toke up.[/QUOTE]
Some financial planner told me that to avoid paying Capital Gain taxes to put my money in a Variable Universal Life (VUL) insurance policy.
However, another planner told me that those plans have a high administrative cost.
I don't get it, why is this a good plan?
And, if I get my money, do I pay taxes from there? If so, why get it then?
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