Here are 5 ways that ILIT users can respond to the changes.
The Tax Cuts and Job Act of 2017 (TCJA) doubled the already sizeable estate tax exemption.
Jul 13, 2018 3:22:00 PM / by Robin S. Weinberger and Peter N. Katz
The Tax Cuts and Job Act of 2017 (TCJA) doubled the already sizeable estate tax exemption.
Apr 19, 2017 2:21:00 PM / by Robin S. Weinberger and Peter N. Katz
Life settlements are frequently viewed, primarily, as an option for personal life insurance and estate planning policies that are no longer wanted, needed or affordable. However, business-owned policies or personally owned business purpose policies can also make excellent life settlement candidates, yet these policies are often overlooked.
Mar 14, 2017 10:44:00 AM / by Robin S. Weinberger and Peter N. Katz posted in Financial Planning, life settlement, Life Insurance
The days of selling a policy in a life settlement and replacing it with a new one are mostly gone, but one variation on that strategy can still work in the right situation.