Trusts

House Reconciliation Package Includes Grantor Trust Revisions – Impact to LI

Topics: 2021 Tax Reform, Estate tax, Grantor trusts, Life Insurance, Tax, Trusts

September 21, 2021 Chapter 16 – Special Rules for Grantor Trusts If enacted into law, section 2901 of the internal revenue code would have significant impact on estate planning strategies that utilize grantor trusts. Grantor trusts have been utilized extensively in estate planning because of its unique property – namely, the grantor is considered the…

The Life Insurance Expert’s Guide to TOLI Trustees An interview with Michael Brohawn

Topics: Estate planning, Life Insurance, Sales Strategies, TOLI, Trusts

Curated for you by Finseca Staff and Michael Brohawn CFP® CLU® CAP® of Your Life Insurance Solution. Various forms of trusts and trust owned life insurance are standard estate planning tools, but according to TOLI expert Michael Brohawn CFP® CLU® CAP® roughly 80% of those trusts, and the life insurance held within, are administered by...

Harnessing the Pandemic Pandemonium: Focus on Spousal Lifetime Access Trusts

Topics: Estate planning, Trusts

The WRMarketplace is created exclusively for AALU members by experts at Baker Hostetler LLP and the AALU staff, led by Jonathan M. Forster, Partner, Rebecca S. Manicone, Partner, and Carmela T. Montesano, Partner. WR Marketplace #20-07 was written by Jennifer M. Smith, Counsel; Michael P. Vito, Counsel; and Jonathan A. Schwartz, Associate of Baker &...

Watch Your Step: Fiduciary Pitfalls for Trustees of Irrevocable Life Insurance Trusts

Topics: Fiduciary, ILIT, Irrevocable trusts, Trusts

This WRMarketplace was created exclusively for AALU members by experts at Troutman Sanders and the AALU staff. WR Marketplace #19-14 was written by Michael P. Vito, Counsel, and Jennifer M. Smith, Counsel, Baker & Hostetler LLP. The AALU WR Newswire and WR Marketplace are published by the AALU as part of the Essential Wisdom Series,...