A couple considering their financial legacy for their children sought advice following a meeting with their new life insurance agent. They expressed their belief that any potential inheritance should be viewed as a bonus rather than an expectation, after receiving varying amounts from their own parents. The advisor recommended additional life insurance to secure a legacy for the children, sparking a discussion about creating a self-reliant legacy rather than focusing solely on financial gifts. Ultimately, the couple was advised that their present assets are already building a legacy, suggesting that life insurance may not be necessary given their robust retirement plans and investments.
