Notwithstanding the increased federal (and, in some cases, state) estate tax exemptions, irrevocable life insurance trusts continue to be a fundamental and frequently used estate planning tool. Properly structured, irrevocable life insurance trusts allow life insurance death benefits to pass free of estate tax.
This presentation, led by attorney Jed Albert, discusses the gift, estate, generation skipping transfer and income tax issues relating to the creation and maintenance of irrevocable life insurance trusts. It also provides the participant with a roadmap that can be used to minimize the impact of those taxes.
Since 1987, Mr. Albert has represented individuals and fiduciaries with respect to complex estate planning (including gift, estate and generation-skipping transfer tax planning), charitable giving, business succession planning and trust and estate administration.
Very practical information for a practitioner or even someone who wants to be a very informed consumer that doesn't practice in this area.
the presenter knows his stuff
One of the better lecturers I've seen.
very good presentation
Excellent presentation of information. Presenter was well informed and conveyed information with clarity and was succinct. Covered many scenarios and provided good examples of various situations that could occur.
Excellent summary of complicated area
Terrific presentation! Information on right of withdrawal was helpful.
This was excellent and provided super-relevant, practical, useful information.
Great information. Now I will go back and listen again.
Interesting and informative
Clear and concise explanation and understanding.
I was looking for a primer on ILIT and this is exactly what I needed.
The lecturer was very informative and I found his discussion of income tax issues and generation skipping tax issues helpful. Also the Turner case information regarding Crummey Letters and payment of premiums directly to the insurance company was also helpful.
Excellent. Best presentation on Lawline
Well-paced program spearheaded by a talented and knowledgeable speaker familiar with the nuances of irrevocable life insurance trusts. Albert supplies a roadmap that participants can use to successfully navigate this fundamental and frequently used estate planning tool.
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