Life insurance owned by an irrevocable life insurance trust (ILIT) can be the easiest and most efficient way to reduce estate taxes and preserve your wealth.
Life Insurance Posts
What is a Life Insurance Retirement Plan (LIRP) and How Does it Work?
A Life Insurance Retirement Plan (or LIRP) is a tax-efficient way for individuals to save for retirement by providing income you can enjoy during your lifetime.
Premium Financing Life Insurance
Life insurance premium financing is the process of borrowing money from a third-party lender to pay for large life insurance premiums.
Premium Financing Life Insurance
Life insurance premium financing is the process of borrowing money from a third-party lender to pay for large life insurance premiums.
What is a Term Life Insurance Conversion?
A term life insurance conversion allows a policy owner to convert their existing term insurance to a permanent life insurance policy.
The Benefits of a Life Insurance 1035 Exchange
A life insurance 1035 Exchange is a tax-free transfer of policy values from a life insurance or annuity policy to a new policy. This allows policy owners to avoid taxation on policy gains from the old policy to the new policy. Section 1035 of the Internal Revenue...
A Guide to Understanding Indexed Universal Life Insurance (IUL)
Indexed Universal Life Insurance is one of the most complicated life insurance products in the marketplace.
This guide explores the different factors that can have a significant positive or negative impact on a policy’s performance.
The Definitive Guide To Split Dollar Life Insurance Arrangements
A Split Dollar Life Insurance Plan is a sophisticated strategy that can help with the payment of life insurance premiums for executive benefits and estate planning purposes.
Split Dollar can be a great tool for a company looking to provide additional benefits to key employees, or for individuals interested in minimizing gift tax for estate planning purposes.
Naming Your Life Insurance Policy Beneficiary – Things to Consider
One of the most important parts of owning a life insurance policy is naming the beneficiary.
Properly naming the beneficiary of a life insurance policy can be a key decision to ensure the proceeds are distributed and used properly.
We have compiled a list of questions and answers to help provide additional guidance.