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This page contains a single entry by lsaret published on November 26, 2007 6:44 PM.

IRS Rules in PLR that ILIT Beneficiaries Lack Incidents of Ownership was the previous entry in this blog.

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IRS Rules in PLR on EGT Consequences of Split Dollar Life Insurance

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lsaret
on November 26, 2007 TrackBacks (0) Comments (0)

In PLR 200747011 (Aug. 7, 2007), the IRS ruled that a payment by a revocable trust of part of a premium under a split-dollar life insurance arrangement will not result in IRC Sec. 2511 gift tax if certain conditions are satisfied.

Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.

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