Avoiding Estate Taxation on Life Insurance Proceeds To ensure that there is no estate taxation, a life insurance trust must also be the beneficiary of the life insurance policy. Beneficiaries Inherit Even Though Not Named in the Life Insurance Policy Upon your death, the trust will receive the death benefit proceeds from the life insurance … [Read more...]
Potential Tax Benefits of an Irrevocable Life Insurance Trust
To watch today's video blog, please click on the link below: https://youtu.be/D8wNdHwelqI Elliot S. Schlissel drafts wills and trusts and aids his clients in all aspects of estate planning. He and his associates have more than 100 years of combined experience representing clients. He can be reached for consultation at 516-561-6645, … [Read more...]
