It's Your Money, and Your Choice

Are you 65 or older and still paying property taxes?

You probably don't realize that you have a choice. In Texas, you can legally defer paying the property taxes on your homestead as long as you own and occupy it!

During the time your property taxes are deferred, the state adds interest at a rate of 8% simple interest per year, with no penalties.

Source: 2003 edition, Texas Property Taxes (Carolyn Keeton Rylander, Texas Comptroller of Public Accounts)

Have your cake and eat it, too!

Here is the wonderful opportunity that Texas gives you: Apply part of the money you save by deferring your taxes towards whatever you like, and put the rest into a life insurance policy that will build a tax-deferred cash value for emergencies. Eventually, your beneficiary pays the deferred taxes with the part of the life insurance proceeds, with the rest going to increase your estate.

Call us to learn more about about the Texas Tax Back Program!