Redstone Federal Credit Union

10 | r e d f c u.o r g When people think about estate planning, they often focus on wills, trusts, and asset distribution. While these are essential, insurance is often overlooked but plays a crucial role in protecting your estate and ensuring it transfers smoothly. Life insurance serves as a financial safety net and a key part of estate planning. It provides immediate liquidity upon death and can be used to pay off debts, final expenses, or estate taxes. Without it, heirs may be forced to sell assets quickly, sometimes at a loss, to cover costs, which can disrupt long- term estate goals. Property and casualty insurance is equally important in preserving estate assets. Homeowners, auto, and umbrella policies protect against losses from fire, theft, accidents, and lawsuits, helping maintain the estate's value for beneficiaries. Long-term care (LTC) insurance options may be difficult to discuss. However, with increasing life expectancy, the likelihood of needing assisted living, nursing home care, or in- home support is higher than ever. ese costs can be significant and may quickly deplete retirement savings or the estate if not planned for. LTC insurance helps cover these expenses, easing the financial burden on your family and preser ving your estate for your chosen beneficiaries. This insurance also allows for more control over the ty pe and quality of care you receive. By incorporating these essential tools into your estate planning strategy, you help ensure you and your most valuable assets – your loved ones – are protected. Redstone Insurance Services, part of the Redstone Federal Credit Union family, is here to help with your insurance needs. Contact us at 256-722-8301 or online at redstoneinsurance.org. Redstone Services Group SM , LLC d/b/a Redstone Insurance Services is a wholly owned subsidiary of Redstone Federal Credit Union but is a separate entity. Redstone Services Group, LLC is a licensed insurance agency that sells insurance policies by third-party insurance companies. The insurance products are not products or obligations of RFCU, are not NCUA or federally insured, and are not endorsed, warranted, recommended, or guaranteed by RFCU or any government agency. The insurance products may be offered by a dual employee who also sells insurance products on behalf of a third-party insurance company. RFCU and its affiliates are committed to fair, equitable, and nondiscriminatory practices. R E D S T O N E I N S U R A N C E S E RV I C E S Insurance Is Critical to Your Estate Planning

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