Category: Life Insurance

July 2, 2014March 5, 2021Estate Planning, Irrevocable Trust, Life Insurance, Life Insurance Trust, NJ Estate Tax, Tax Planning

Nice Article on the Basics of ILITs

A colleague of mine, David Saltzman, has written a nice article on […]

March 5, 2012March 11, 2021Estate Tax, Inheritance Tax (相続税）, Life Insurance, Life Insurance Trust, NJ Estate Tax

Is there an Inheritance Tax on Life Insurance Proceeds?

One of the biggest misconceptions people have about life insurance is how […]

April 10, 2011March 15, 2021401(k), 403(b), IRA, Life Insurance, Retirement Plans, Will

Understanding What “Per Stirpes” Means

Sometimes it’s easier not to reinvent the wheel. Back in 2006, Debra […]

December 1, 2009March 22, 2021Advanced Health Care Directives, Estate Planning, Guardianship, Life Insurance, Power of Attorney, Special Needs Planning, Special Needs Trust, Will

Special Needs Planning in NJ – Part 3 of 4

Estate Planning for A Special Needs Child In Part III of this […]

March 5, 2008March 24, 2021Civil Union, Divorce, Elective Share, Estate Planning, Gift Tax, Life Insurance, Transfer Incident to Divorce

Helpful Estate Planning Hints for Divorce Attorneys

A. Have your client do pre-divorce estate planning(especially if the split is […]

January 28, 2008March 24, 2021Estate Planning, Estate Tax, ILIT, Life Insurance, Life Insurance Trust

Protecting your Life Insurance Trust from taxes

The Importance of Proper Trust Maintenance The trustee of an irrevocable life […]

January 12, 2008March 24, 2021Estate Planning, Estate Tax, Inheritance Tax (相続税）, Life Insurance, Life Insurance Trust, Second to Die Life Insurance, Special Needs Trust

Benefits of a Second to Die Life Insurance Trust

I. General Benefits Tax savings Control of assets after death Second to […]

March 9, 2007March 25, 2021Contribution Notice, Crummey Notice, Crummey Trust, Estate Planning, ILIT, Life Insurance, Life Insurance Trust

Contribution Notice – Who Signs for a Minor?

Irrevocable Life Insurance Trusts (ILIT)  Many people create irrevocable life insurance trusts […]