A tax-effective asset-transfer plan

Blazzard, Norse N.; Hasenauer, Judith A.
August 1998
National Underwriter / Life & Health Financial Services;8/10/98, Vol. 102 Issue 32, p10
Details how to use variable life insurance (VL) as a tax-effective method in transferring United States seniors' assets to their children and grandchildren. Limitations of the benefits of variable annuity (VA); Advantages of income tax-free death proceeds; Ability to borrow contract values free from income tax; Combined purchased of an immediate VA with a variable universal life policy.


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