Stairway to Estate Planning HeavenBy: Martin M. Shenkman, CPA, MBA, JDSummary: Led Zeppelin's classic hit has remained popular with boomers as a paradigm for their estate planning. Rung by rung you can improve your tax and asset protection benefits by...
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BORROWING TO FINANCE LIFE INSURANCE PREMIUMSWhat Professionals Need to KnowBy: Richard L. Harris, CLU AEP TEPSUMMARYMany wealthy individuals are being approached to buy life insurance by borrowing the money to pay premiums (known as "Premium Finance".) While there are...
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Annuities and the Law of Unintended ConsequencesThe Trusts and Estates ConundrumBy: David F. Sterling, JDEditor's Note: This is the second in a series of articles by Mr. Sterling on annuities. You may find the first article here.The Law of Unintended...
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ANNUITIES: The Advisor's ConundrumWhen you come to a fork in the road, take it. - Yogi BerraBy: David F. Sterling, JDEditor's Note: This is the first in...
ILIT Trustees: Bridge Out Ahead... Lock in Your Navigation System NowBy: Melvin A. Warshaw of Financial Architects Partners, LLCEditor's Note: This article was originally published in the American Bar Association's Probate & Property magazine issued in July/August 2010. It has...
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By Doug Himmel As 2008 fades into history, we can look back upon what was truly a very interesting yea...
Continue reading " The Death of The Life Settlement Market Has Been Greatly Exaggerated"
By Barry Rabkin, Senior Research Analyst, Financial Insights, an IDC CompanyI live in the small town of Hopkinton, Massachusetts. There are about 13,000 of us except for the one day during the year when the population swells to about 100,000....
By Martin M. Shenkman, Esq. Introduction Irrevocable life insurance Trusts ("ILITs") are a common estate planning tool. Having a trust own your insurance can keep the proceeds outside your taxable estate, protect the proceeds for your surviving spouse,...
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by Martin M. Shenkman, CPA, JD, MBA and Richard L. Harris, CLU, AEP Introduction to Split-Dollar A Split-dollar arrangement is a way of funding the purchase of life insurance between two parties. It is not an insurance policy....
By David A. Wexler, CLU, ChFC At a recent life insurance industry convention, two pundits were debating the pros and cons of the Investor Owned Life Insurance - known as IOLI - transaction (also known as Speculator initiated Life Insurance...
Continue reading "The IOLI, SPINLIFE, STOLI transaction, what is it and is it good for your client?"