Karen Chiaruttini

For US families, life insurance can do more than replace income by creating liquidity when wealth sits in businesses, Real Estate, stock, or illiquid assets.
Advisors may compare insurance with fixed-income holdings, not equities, by modeling death-benefit IRR across time horizons and weighing certainty, tax treatment, and opportunity cost.
High net worth does not guarantee cash when needed; heirs may face taxes, debt guarantees, bank covenants, fees, or income needs before assets sell.
A policy can buy time before federal estate tax is generally due, helping families preserve businesses or Real Estate instead of accepting pressured offers.
Execution matters: ownership must be structured carefully, since proceeds can increase estate taxes, and installment elections may bring interest, liens, and business-performance risk.

How Life Insurance Creates Family Liquidity

Maryland partnered with three civic tech groups to redesign health coverage notices, simplify applications, and map caseworker tasks that could be automated or streamlined.
Ahead of an Early-Q1 deadline, many adults will need 80 hours of work, school, volunteering, or other qualifying activity each mo to keep coverage.
The effort aims to prevent backlogs, reduce busywork, and give caseworkers more time for judgment-heavy cases while helping recipients understand what actions and documents matter.
One group will redesign Maryland’s mobile application, another will clarify notice language, and the team plans to test changes with caseworkers before wider rollout.
Maryland’s proactive approach has focused on updating aging eligibility systems before new federal rules, as twice-yearly redeterminations and new verification steps threaten heavier workloads.