Background: Changes in the Federal Estate Tax laws combined with changes in Life Insurance products has made reviewing existing Trust Owned Life Insurance (TOLI) policies something that everyone should be doing. Our Case: One of our clients has been “short pay” funding a life insurance policy over the past fifteen years. The policy was designed …
Case Studies
Hypothetical Estate Issue During 2011 & 2012
Goal To take advantage of a temporary Estate Tax without making the decision to “pass away.” Facts Congress passed a late hour Estate Tax reform in the final days of 2010. Basically it allows families with up to $10,000,000 of assets to totally escape Federal Estate Tax issues if they pass away in the next …
