Advanced strategies for life insurance policies

Overview

Financial planning strategies

Designed for personal financial planning professionals, this webcast will cover:

Advanced strategies in buy-sell agreements

Life insurance trusts

Hybrid life/long-term care insurance policies

In this session, you'll learn:

How to buy/sell agreements after Connelly

The impact of Connelly on redemption agreements

Switching to cross-purchase agreements

Avoiding transfer for value

Funding life insurance trusts with large gifts

Using the large current lifetime gift tax exemption

Avoiding modified endowment contracts

Review the 3 major types of long-term care insurance products

Highlights

Buy/sell agreement after Connelly

Funding life insurance trusts with large gifts

Advantages of hybrid life/long-term care products

Prerequisites

Basic knowledge of financial planning, retirement planning, estate planning, tax planning and investment planning

Designed For

Tax professionals who serve individual clients

CPA financial planners and other professional financial planners

Practitioners who provide tax, retirement, estate, investment, and/or risk management planning service

Objectives

Analyze the impact of Connelly on redemption agreements, switching to cross-purchase agreements, and avoiding transfer for value.
Identify how to utilize the large current lifetime gift tax exemption and avoid modified endowment contracts.
Identify the three major types of long-term care insurance products and discover the advantages of hybrid life/long-term care insurance products.

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by AICPA.