Insurance Planning in the Face of Uncertain Tax Law Changes

Katt, Peter C.
April 1998
Journal of Financial Planning;Apr98, Vol. 11 Issue 2, p30
Academic Journal
The article reports on the proposal by the administration of U.S. President Bill Clinton to change the tax laws affecting life insurances, annuities and estate planning in 1998. Two major alternatives were proposed for the existing irrevocable trusts. The author also discussed how to possibly handle insurance, annuity and estate planning issues while faced with the uncertainty of whether these changes will be enacted. The proposed changes to the tax laws may produce significant additional revenues for the U.S.


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