Houston, TX — Legacy Planning

Houston Creates Wealth.
Legacy Planning Makes It Last.

Houston's real estate, energy, and business successes create significant estates — and significant estate tax exposure. Life insurance structured for legacy transfer is the most cost-effective tool available. Tower Hill advisors specialize in designing those strategies for Houston families.

$13.6M
Federal Estate Tax Exemption (2024)
Estates above this face a 40% tax
3–5×
Leverage Ratio on Life Insurance for Estate Transfer
Every $1 of premium can create $3–5 in death benefit
Tax-Free
Life Insurance Death Benefits
Heirs receive the full amount — no income tax

Why Houston Families Choose Tower Hill Corp.

Three reasons Houston legacy planning clients trust us with their families.

Energy Sector Wealth Concentration

Houston's oil and gas professionals often accumulate significant illiquid assets — real estate, business interests, royalty income. Life insurance provides liquidity for heirs to pay estate costs without selling assets under pressure.

Multi-Generational Houston Families

Many Houston families have deep roots and want to pass wealth to grandchildren. Whole life and universal life create an inheritance that grows tax-free and transfers income-tax-free to beneficiaries.

Charitable Legacy Strategies

Houston is one of the most philanthropic cities in America. Tower Hill can design policies that fund charitable remainder trusts or foundations — letting you give generously while protecting your family's share.

Houston Legacy Planning Coverage Options

Three tiers of coverage — choose what fits your Houston life and budget.

Guaranteed Wealth Transfer + Cash Value

Participating Whole Life

Coverage: Custom — $500K – $10M+
Term: Permanent — lifetime coverage
  • Guaranteed death benefit from day one
  • Guaranteed cash value growth on a fixed schedule
  • Eligible for annual dividends — Tower Hill has paid since 1868
  • Tax-free cash value access via policy loans
  • No contribution limits — fund during peak earning years
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Guaranteed Wealth Transfer

Whole Life — Estate Workhorse

Coverage: Custom — $100K – $10M+
Term: Permanent — lifetime coverage
  • Guaranteed death benefit from day one
  • Cash value accumulates on a guaranteed schedule
  • Dividend-eligible — non-guaranteed growth upside
  • Most predictable legacy planning tool available
  • Preferred by estate attorneys for large estate planning
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Married Couples' Legacy Tool

Survivorship Life (Second-to-Die)

Coverage: Custom — $500K – $10M+
Term: Permanent — covers two lives
  • Single policy covers two people — lower cost per $1M
  • Death benefit paid at second death — when estate taxes are due
  • Ideal for married couples with taxable estates
  • Can fund ILIT (Irrevocable Life Insurance Trust)
  • Available as whole life or traditional UL structure
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Houston Legacy Planning FAQ

How does life insurance help with estate planning in Houston?

Life insurance provides immediate, income-tax-free liquidity for heirs — critical when most wealth is tied up in real estate or a business. It can pay estate costs, equalize inheritance, and fund trusts without forcing asset sales.

What's the difference between whole life and universal life for legacy planning?

Whole life provides a guaranteed death benefit and conservative, predictable cash value growth — ideal for certainty. Traditional universal life offers more premium flexibility and transparent policy charges — ideal for clients who want permanent coverage with adjustable premiums.

Is there a Houston estate tax in addition to the federal tax?

Texas has no state estate or inheritance tax. Only the federal estate tax applies — on estates above $13.6M in 2024. If you're approaching that threshold, now is the time to plan.

Can a Houston business owner use life insurance to equalize inheritance?

Yes. If you're leaving the business to the heir who runs it, you can use life insurance to provide equal inheritances to other heirs — without forcing a sale or creating resentment.

What is survivorship life insurance and who needs it in Houston?

A second-to-die policy covers two people and pays the death benefit when the second person dies — typically when estate taxes are due. It's ideal for married Houston couples with large estates and costs less than two separate policies.

Legacy Planning Across Texas

Tower Hill serves all major Texas markets with licensed advisors and instant coverage decisions.

Houston Families Deserve Real Coverage.

Apply online in minutes. Licensed Texas advisors available if you have questions.

Tower Hill Corp • TX License #2608479TX • Licensed in Harris County

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