Author: Beth Gray
Transfer for Value and Funding Cross Purchase Buy Sell Agreements
Please review the John Hancock piece on Understand the Transfer for Value Rule. It’s another nuance of life insurance ownership and transfer that can eliminate the most valuable element of life insurance; the tax free receipt of...
Read MoreReview: Why The Trusteed IRA May Be A Riskier Alternative To A Trust As IRA Beneficiary
Several weeks ago I posted an article, “Stretch IRA’s, to do or not to do?” in which I used a real case to illustrate why stretching IRA proceeds are rarely done and in this case was a bad idea. It is one of those situations...
Read MoreCoordination of Group/Individual LTD
Did you know? Most disabilities are caused by illnesses, such as cancer, heart conditions and strokes — not injuries…. If you have long-term disability (LTD) insurance at work, that’s great. It’s a valuable benefit...
Read More