Fiscal Cliff Law: Clients’ Taxes, What’s Next, and How to Plan
All you need to know about the American Taxpayer Relief Act—both good and bad—and how it will affect your clients and their planning.
Warning on VAs to Advisors: Be Afraid. Be Very Afraid.
Glenn Daily, insurance expert and variable annuity dissenter, says the complexity of these products’ guaranteed benefits is beyond most advisors’ ability to assess.
The Life Insurance Fiscal Cliff: No Tax Preference Is Safe
The potential elimination of many tax preferences currently afforded life insurance is one facet of today’s fiscal cliff discussions that is often overlooked. In today’s political environment, no tax preference is safe.
Maximizing Charitable Giving Through Universal Life Insurance
Avoiding the complications of estate taxation and the U.S. probate system may be key reasons to allow high-net-worth foreign clients to include sizable charitable donations in their estate planning.
The Rose’s Thorn: Increasing Premium Rates for Hybrid Life Insurance-LTC Policies
Premiums for long-term care insurance have increased dramatically in recent years, causing clients to turn to hybrid policies that, unlike traditional long-term care policies, are certain to provide some type of future benefit.
Critical Illness Riders: Life Insurance Protection for the Living
A new twist on the traditional life insurance policy that protects against expenses incurred because of critical illnesses is attracting clients’ interest once again.
IRS Untangles One Transfer-for-Value Rule Trap
Preferential tax treatment and the flexibility to restructure allocations in estate planning simply don't mix well when it comes to investing in life insurance. A recent IRS private letter ruling could help change that.
Permanent Life Insurance: A Smarter Investment Product?
For those clients who have grown weary of the fluctuating market for stocks and bonds, the steady returns offered by so-called “permanent” life insurance policies may be the solution.
German Bankers Argue Over ECB Supervision Plans
The EC has plans to give the ECB authority to supervise all eurozone banks, but the German government says that only the largest banks should be subject to ECB oversight.
Life Settlements—Are They Back?
One question financial advisors should be asking themselves today is whether life settlements have returned to the fold as a viable tool in their clients’ planning strategies.