Life-Insurance Guarantees Success in Wealth Transfer Tax Planning

Now more than ever, financial planning requires knowledge and imagination. Nowhere is this truer than in wealth transfer planning. A wide variety of tools, some very complex, have emerged in recent years: FLPs, GRITs, GRATs, GRUTs, CRUTs and NIM-CRUTs, among others. Planners must understand and use these techniques if they are to serve their wealthy clients adequately, let alone if they hope to acquire new ones. Yet, no matter how sophisticated the planner and the tools, the simple fact remains that there is only one asset that guarantees success in wealth transfer tax planning: life insurance.

Life-Insurance Guarantees Success in Wealth Transfer Tax Planning
Source: Producers Web