What about VUL Rescue? Is there a Whole Life solution? What about IUL? I have been following the US version of the JP Morgan Guide to Markets; for about 15 years. It is a terrific resource for producers. It is produced...
Read MoreThe COLI Best Practices Act imposed notice and consent requirements before a business purchases life insurance on an employee, owner, officer, or board member. Not following the rules means life insurance proceeds are income...
Read MorePlease 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 MoreSeveral 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 MoreStretch IRA’s certainly sound like a great idea. You can use them to spread large tax liabilities out over a beneficiaries’ lifetime, saving tons on income taxes. But consider the actual case of Dr. Smith… Dr. Smith had...
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