What does Estate Equalization mean? Read on to discover the definition & meaning of the term Estate Equalization - to help you better understand the language used in insurance policies.
Estate equalization involves striking a balance in the distribution of assets or an estate such that each heir receives an equitable inheritance that has both financial and emotional value. Purchasing life insurance can be a way to ensure effective estate equalization so that all beneficiaries receive shares in the estate in nearly equal amounts.
We hope the you have a better understanding of the meaning of Estate Equalization.