Estate Planners: 9 Months Left for Tax-Free Transfer of $10 Million
Financial advisors catering to HNW investors have just nine months to help clients transfer more than $10 million to their heirs free of estate taxes before generous exemptions expire at the end of this year.
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?
Court OKs Crummy Crummey Powers
Although this taxpayer came out unscathed, proper Crummey gifting remains an essential aspect of life insurance trust administration.
Agents Allege Carrier Complicity in CHOLI Scheme
Aviva knew of insurance policies, agents say, and add that nothing illegal was done.