Wealthy Clintons Use Trusts to Limit Pain of Estate Taxes
Bill and Hillary Clinton have long supported an estate tax to prevent the domination of inherited wealth. That doesn’t mean they want to pay it.
Avoiding the Generation-Skipping Transfer Tax on Life Insurance Proceeds
The Tax Facts experts answer questions about the generation-skipping transfer tax on payments of the proceeds of life insurance and annuity contracts.
IRS Greenlights ILIT Replacement Policies
The IRS has held that a grantor’s power to substitute a policy in an ILIT for another policy of equal value will not result in estate inclusion
Pitfalls of Serving as Trustee for Client’s Life Insurance Trust
Trusts offer tremendous advantages over a bare life insurance policy, but how far should you go to assist your clients with their life insurance trusts?
Carrier STOLI Suits Not Limited by Contestability Period
The Delaware Supreme Court recently held that life insurance carriers are not limited by the contestability period when they challenge a policy for lack of an insurable interest.
A Special Kind of Life Insurance
One of the benefits of working with advanced planning networks is that they can add the right kind of specialist to deliver a better solution...