Can You Use Life Insurance to Pay Off Debt? Smart or Risky?
When someone passes away and life insurance pays out, the question many families ask is:“Should we use this money to pay off debt?” It’s tempting to wipe the slate clean—but it’s not always the smartest move. Let’s break down how life insurance works after death, what kinds of debt it… Read More »Can You Use Life Insurance to Pay Off Debt? Smart or Risky?