TITLE

A New Recipe for Life Insurance Valuation

AUTHOR(S)
Katt, Peter C.
PUB. DATE
March 2007
SOURCE
Journal of Financial Planning;Mar2007, Vol. 20 Issue 3, p36
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses methods for financial planners to value life insurance policies that are distributed from qualified retirement plans. Regulations issued by the United States Treasury in August 2005 under Internal Revenue Code Section 402(a) provide taxpayers with safe-harbor values for life insurance policies. The changes to the regulations have prevented tax professionals from avoiding taxes through abusive qualified retirement plans. The author analyzes the regulation and its effect on financial planning.
ACCESSION #
24345354

 

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