Social insurance trust
revenue is made up of four categories - public employee retirement, unemployment compensation, workers compensation and other insurance trusts
Old insurance trusts
should be reviewed carefully before using them for a split-dollar structure.
Many situations involving girls to irrevocable life insurance trusts
may meet the procedure's restrictions.
The ALI-ABA (Philadelphia, PA) has published A Practical Guide to Drafting Irrevocable Life Insurance Trusts
, a 400-page hardbound book that offers guidance on lowering clients' estate taxes using a trust to move life insurance benefits.
Charitable remainder trusts, irrevocable life insurance trusts
and investment management accounts also will be offered.
For another, tax laws contain a three-year pullback provision for life insurance trusts
that are funded with an existing policy.
AMONG THE COMMON ESTATE PLANNING techniques are testamentary trusts, asset transfers to younger generations, life insurance trusts
, family partnerships and estate freezes.
Nagle will provide trustee services for all types of group insurance trusts
, including multiple employer trusts, association trusts, and annuity trusts.
For a discussion of these and the other issues involved, see "Irrevocable Life Insurance Trusts
," by Linda Fiorentini Donato and Bruce Benesh, in the July 1994 issue of The Tax Adviser.
We anticipate even stronger growth in the ETF marketplace and believe that they will soon become a primary investment vehicle in 401(k)'s, IRAs, variable insurance trusts
(VITs) and other retirement products.
Life insurance trusts
are among the most commonly used estate planning tools.
Funds transferred to life insurance trusts
may be subject to gift tax, generally do not qualify for the gift tax exclusion and, if made within three years of death, are included in the grantor's taxable estate.