02/11/2026
One important financial concept worth understanding, especially if you’re building wealth and planning for your family’s future: Estate Tax.
Did you know na in the Philippines, estate tax is generally 6% of the NET TAXABLE ESTATE of a person who passes away?
And even bank deposits can be subject to a 6% final withholding tax when withdrawn after the depositor’s death.
Imagine leaving money for your family, only for them to encounter taxes and legal requirements before they can fully access what you worked hard to save.
This is one reason why financial planning isn’t just about saving and investing. It’s also about making sure your loved ones are financially protected when you’re no longer around.
This is where life insurance can play an important role.
Depending on the beneficiary designation, life insurance proceeds may be excluded from the gross estate. It can provide your loved ones with funds they can use when they need them most.
𝗜𝘁’𝘀 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝗮𝗯𝗼𝘂𝘁 𝗵𝗼𝘄 𝗺𝘂𝗰𝗵 𝗺𝗼𝗻𝗲𝘆 𝘆𝗼𝘂 𝗹𝗲𝗮𝘃𝗲 𝗯𝗲𝗵𝗶𝗻𝗱. 𝗜𝘁’𝘀 𝗮𝗹𝘀𝗼 𝗮𝗯𝗼𝘂𝘁 𝗵𝗼𝘄 𝗲𝗮𝘀𝗶𝗹𝘆 𝗮𝗻𝗱 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁𝗹𝘆 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗽𝗮𝘀𝘀 𝗶𝘁 𝗼𝗻 𝘁𝗼 𝘁𝗵𝗲 𝗽𝗲𝗼𝗽𝗹𝗲 𝘆𝗼𝘂 𝗹𝗼𝘃𝗲.
Because building wealth is one thing. Making sure your family can benefit from it is another. 🤍
