Estate Planning and Advanced Life Insurance

For high-net-worth families, estate planning isn’t about paperwork, it’s about control. You want liquidity when it matters, clarity for your heirs, and confidence that your wealth transfers the way you intended.

Life insurance is often the piece that makes the rest of the plan actually work.

We help families and their advisors design life insurance strategies that create liquidity at the exact moment it’s needed. That liquidity can be used to pay estate taxes, equalize inheritances, protect a family business, or prevent the forced sale of assets at the wrong time.

Our focus is thoughtful case design and clean underwriting execution, especially in larger, more complex situations. This isn’t about buying “more insurance.” It’s about structuring coverage correctly so it supports the estate plan, instead of becoming a problem inside it.

The families we serve care most about:

Preserving generational wealth
Reducing unnecessary tax exposure
Creating certainty for heirs
Avoiding conflict and confusion when it matters most

We work closely with attorneys, CPAs, and financial advisors to make sure the insurance integrates smoothly into the broader estate and business planning strategy.

How life insurance fits into estate planning

In this world, life insurance is rarely about income replacement. It’s used to solve specific planning problems, including:

Providing liquidity to pay estate taxes
Funding trusts and legacy plans
Equalizing inheritances between heirs
Supporting business succession and buy-sell agreements

When it’s designed properly, life insurance can be one of the most efficient ways to transfer wealth, especially when timing and certainty matter.

Why design and underwriting matter

Not all life insurance is created equal, even when two policies have the same product name on the front page.

Design choices, funding structure, and underwriting strategy can dramatically change how a policy performs. The difference between a standard approach and an optimized one can mean:

Greater or lower wealth transfer efficiency
Stronger or weaker guarantees
Better long-term durability under stress

This is where experience and execution make the biggest difference.

Our Process -

Use the Contact Us form or give us a call at 701-237-6651
We will discuss your goals and life insurance plans
Based on the plan for you, we will tailor the experience and advise on establishing the right plan for you

If you have current policy documents and would like a free requote, send them to info@farnorthinsurance.com.