Incidents of Ownership and Burden on the Estate
Posted by William Byrnes on September 22, 2010
Why is this Topic Important to Wealth Managers? Discusses estate tax considerations in regards to life insurance policies. Also, includes a detailed dialogue of the incidents of ownership concept.
What do most wealth managers try to avoid when planning with life insurance and trusts?
That the Gross Estate for Estate Tax calculations would include the death benefit from the policy in the estate.
What are some common ways to avoid this dilemma when using a trust and life insurance in regards to estate planning?
For the answer to this question, and planning analysis, see the blogticle at AdvisorFYI
Related Articles
- What Do I Do Now? (online.wsj.com)
- Devising Strategies While the Estate Tax Is in Limbo (nytimes.com)
William Byrnes' Tax, Wealth, and Risk Intelligence 
Leave a Reply