Monday, January 19, 2009
Advantages of an Irrevocable Life Insurance Trust
Although some states may exclude life insurance proceeds from death taxes, the IRS does not. For federal estate tax purposes, a taxable estate includes virtually anything that is owned at death, including death benefits from life insurance owned by the decedent or his or her estate. Therefore, it’s important to make clients aware of the role that life insurance can play in their estate planning.
Advantages of an Irrevocable Life Insurance Trust
Source: Life Insurance Selling
Advantages of an Irrevocable Life Insurance Trust
Source: Life Insurance Selling
Permalink posted by armandn @ 1:05 PM 
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