Which policy is designed to aid in estate tax planning in that it can pay out at the death of the last surviving spouse?

Question

Quizplus · Accepted Answer

Survivorship joint life policies are designed to pay out at the death of the last surviving spouse, making them an effective tool for estate tax planning. This type of policy is often used by couples to ensure that their estate will be able to pay any outstanding taxes due upon their passing.

Which Policy Is Designed to Aid in Estate Tax Planning