TITLE

Client Chronicles

AUTHOR(S)
Katt, Peter C.
PUB. DATE
July 2009
SOURCE
Journal of Financial Planning;Jul2009, Vol. 22 Issue 7, p30
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents the author's view regarding the three cases on the policy changes issue of life insurance in the U.S. The author mentions the complexness of life insurance and cites that this type of insurance is in need of rigid brainstorming. The author highlights the three cases of life insurance based on its clients' preferredness and experiences including split dollar policy, client's more than one life insurance issue and the customer's issues of maintaining and withdrawing the life insurance policy.
ACCESSION #
43253463

 

Related Articles

  • Leveraging Split-Family Split-Dollar Life Insurance Plans. Forgays, Janice A. // National Underwriter / Life & Health Financial Services;10/15/2007, Vol. 111 Issue 38, p14 

    The article discusses the application of a cash-value life insurance policy using a traditional split dollar arrangement as a solution to benefit different families raised from one breadwinner in the U.S. Under the plan, the current spouse retains the right to pure risk insurance or...

  • Split dollar life insurance: Ten ways to solve problems and save taxes. Craig Sullivan, J.; Miller, Milton // CPA Journal;Sep95, Vol. 65 Issue 9, p70 

    Provides advice to split dollar life insurance problems. Split dollar concept; Total account split dollar; Gift tax free split dollar; Business owner's split dollar; Switch dollar; Private split dollar; Stock redemption split dollar; Cross purchase split dollar; Impaired risk split dollar;...

  • Looking for tax relief? Try a split dollar plan. Jenkins, Gary E. // Best's Review / Life-Health Insurance Edition;Mar1994, Vol. 94 Issue 11, p66 

    Reports on the use of the split dollar program (SDP) as tax relief. Method for financing the purchase of a life insurance; Collateral assignment arrangement as SDP approach; Accumulation of equity above the company's cumulative premium payments.

  • Equity split $ attracts new talent. Gallagher, Hill // National Underwriter / Life & Health Financial Services;2/28/94, Vol. 98 Issue 9, p7 

    Talks about equity split-dollar insurance policies. Concern of people for a long retirement; Forms of split-dollar policies; Features of the policies.

  • Taxpayer wins challenge on split dollar. Chandler, Darlene // National Underwriter / Life & Health Financial Services;4/11/94, Vol. 98 Issue 15, p17 

    Reports on the decision on the court case Healy versus United States concerning split dollar life insurance policies. Revenue rulings 66-110 and 67-154; Fact that companies issuing policies used in split dollar arrangements should be mindful of.

  • Reverse split $ fits key person ins. Sowerwine, Robert W. // National Underwriter / Life & Health Financial Services;7/4/94, Vol. 98 Issue 27, p23 

    No abstract available.

  • Breaking through the barrier to advanced markets. King, Carole // National Underwriter / Life & Health Financial Services;7/21/97, Vol. 101 Issue 29, p25 

    Opinion. Gives the authors concept of split dollar relating to insurance. Reference to the Internal Revenue Service, a primer which described the functions of Split Dollar; Comments on advanced estate and insurance planning concepts.

  • Split dollar exit strategies. Budihas, John S. // National Underwriter / Life & Health Financial Services;9/1/97, Vol. 101 Issue 35, p7 

    Offers advice about the most cost and tax effective strategies for exiting a split dollar plan. Tips listed.

  • Aggressive split dollar--part 1. Schindler, John O. // LAN: Life Association News;May98, Vol. 93 Issue 5, p70 

    Part I. Suggests an aggressive option for the C corporation in the settlement of the split dollar policies at the end of the agreement. Declaring that the agreement is an uncollectible debt, thereby taking a tax deduction on the premiums.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics