The Austin homeowner who bought in 2015 is sitting on $300K–$500K in equity gains. Add tech RSUs, a business stake, and retirement accounts, and Austin is quietly producing some of the largest estates in Texas. Life insurance is the most efficient tool to transfer that wealth to the next generation.
Three reasons Austin legacy planning clients trust us with their families.
Austin tech workers often hold a disproportionate share of wealth in a single company's stock. Life insurance provides a tax-free, market-independent death benefit that diversifies the legacy and protects heirs from stock price risk.
Homes and investment properties in Austin are highly appreciated — meaning heirs who sell inherit a capital gains problem as well as a windfall. Life insurance can fund those taxes without forcing an ill-timed property sale.
Austin's philanthropic culture is strong. Tower Hill can design a policy structure that funds a donor-advised fund, charitable foundation, or direct charitable bequest while still protecting the family's financial security.
Three tiers of coverage — choose what fits your Austin life and budget.
It provides immediate, income-tax-free liquidity for heirs — critical when most wealth is tied up in RSUs, real estate, or a business stake that can't be quickly liquidated.
An Irrevocable Life Insurance Trust holds the policy outside your taxable estate, keeping the death benefit free from estate tax. Recommended for Austin estates approaching or exceeding $5M.
Yes. Second-to-die policies cover both spouses under one policy and pay at the second death — when estate taxes are actually due. They cost less per $1M than two separate policies.
A funded buy-sell agreement using life insurance keeps the business out of probate and gives heirs immediate liquidity — either from a buyout or from the death benefit proceeds.
No. Texas has no state estate or inheritance tax. Only the federal estate tax applies — currently on estates above $13.6M in 2024. Texas is one of the best states in the country for legacy planning.
Tower Hill serves all major Texas markets with licensed advisors and instant coverage decisions.
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Tower Hill Corp • TX License #2608479TX • Licensed in Travis County