Finseca Congratulates Forbes/SHOOK ’22 Top Financial Security Professionals

Transfer for value

Update: COLI/BOLI Reportable Policy Sale / Transfer for Value Treasury Regulations

Topics: COLI/BOLI, Transfer for value

March 10, 2020 WRN 20.03.10 Update: COLI/BOLI Reportable Policy Sale / Transfer for Value Treasury Regulations Disclaimer This memorandum is not intended to constitute tax or legal advice. Reminder Asset based mergers that include life insurance have always been treated as Transfers for Value affecting the taxation of the death benefits. Nothing in the Tax…

Impact of the Treasury Department’s Final Regulations on Reportable Policy Sales on COLI/BOLI Marketplace

Topics: Transfer for value

Disclaimer This memorandum is not intended to constitute tax or legal advice. The Regulation https://www.govinfo.gov/content/pkg/FR-2019-10-31/pdf/2019-23559.pdf Publication Date: October 31, 2019 Background The Tax Cuts and Jobs Act of 2017 (the “TCJA”) modified the prior-law exceptions of the Transfer for Value rules (“TFV Rules”) to include a new reportable policy sale requirement that is applicable to…

The Transfer for Value Rule – A Primer.

Topics: COLI/BOLI, Transfer for value

Thursday, April 2, 2015WRM#15-12 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…

Administration’s FY 2016 Budget- Part I: Something Old, Something New (with Sample Client Letter).

Topics: Capital gains, Carried interest, COLI/BOLI, DRD, Tax treatment, Transfer for value, Transfer taxes

Thursday, February 12, 2015WRM#15-05 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…

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