Tuesday, July 21, 2009
Are Annuities Appropriate for Estate Planning?
If you have ever wondered if a deferred annuity could be used as an effective estate planning tool, here is an example of an efficient and often underutilized wealth transfer opportunity. IRS Private Letter Ruling 199905015 reaffirms the view that a Credit Shelter Trust (CST) can be funded with deferred annuities. This may be a valuable strategy that enables advisors to not only help their clients pass assets free of estate taxes, but to also allow the heirs that receive these assets to continue the tax deferral on any growth.
Are Annuities Appropriate for Estate Planning?
Source: Producers Web
Are Annuities Appropriate for Estate Planning?
Source: Producers Web
Permalink posted by armandn @ 8:31 AM 
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