Trust-Owned Life Insurance (TOLI)- To Have and to Manage Patrick J. Marget, JD, CPA, CFP, CLU- Managing Director Facts: 25% of non-guaranteed TOLI will lapse during the insured’s lifetime, even… Read more »
Avoiding Inadvertent Taxable Gifts: Crummey Powers and ILIT Trustee Responsibilities
Avoiding Inadvertent Taxable Gifts: Crummey Powers and ILIT Trustee Responsibilities Lindsey M. Bessy, ALMI, CLTC, MBA, CLU, CASL- Financial Representative Many individuals follow an annual gifting strategy that involves making… Read more »
The Pickle of Term vs. Perm
Nikki Kook- Marketing and New Business Coordinator Longevity and insurance. What do these have in common? Although technological and medical advances are wonderful and give us more time with our… Read more »
Net Investment Income Tax – A New Playing Field
R. David Fritz, Jr., CLU- Managing Partner, Founder With the advent of the new net investment income tax (“NIIT”), there needs to be a change in thinking related to income… Read more »
Succession Planning for Family-Owned Banks and Businesses
You are gone tomorrow. What happens to the business you poured years of blood, sweat and countless sleepless nights into? Will your family take it over? Is there an outside… Read more »
Avoiding Inadvertent Taxable Gifts: Crummey Powers and Annual Exclusion Gifts to Trusts
R. David Fritz, Jr., CLU- Managing Partner and Founder, Executive Benefits Network Many individuals follow an annual gifting strategy that involves making gifts to trusts, including irrevocable life insurance trusts… Read more »
Responsibilities of the ILIT Trustee
Lindsey M. Bessy, ALMI, CLTC, MBA- Financial Representative With an increase in litigation targeting Irrevocable Life Insurance Trust (ILIT) trustees for fiduciary breaches, it is important more than ever for… Read more »