Conference recaps

Few people realize that, even though they may have a modest estate, their families may owe hundreds of thousands of dollars in estate taxes because they own a life insurance policy with a death benefit that could exceed the current estate tax exemption of 5.43 million dollars. This is because life insurance proceeds, while not subject to federal income tax, are considered part of your taxable estate and are subject to federal estate tax.

July 4, 2016
saving-estate-taxes

Saving estate taxes with an irrevocable life insurance trust

Few people realize that, even though they may have a modest estate, their families may owe hundreds of thousands of […]