Leveraging Life Insurance Premium Payments: Using Split-Dollar and Related Party Premium Financing Techniques - 2nd Edition - Lawrence Brody cover
American Bar Association Casebook Series

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Leveraging Life Insurance Premium Payments: Using Split-Dollar and Related Party Premium Financing Techniques - 2nd Edition - Lawrence Brody

ISBN
9781639056163
Publisher
American Bar Association
Edition
2nd Edition
Condition
$135.99 one-time purchase · 15% restocking fee on returns

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Leveraging Life Insurance Premium Payments: Using Split-Dollar and Related Party Premium Financing Techniques 2nd Edition Lawrence Brody ISBN 9781639056163

Split-dollar financing of life insurance premiums is an effective strategy whenever one party has the funds to pay the premiums and another has the need for life insurance coverage. In recent years, these arrangements have been increasingly used for wealth transfer planning, enabling annual gifts to an irrevocable life insurance trust (ILIT) to be significantly lower than the full premium amount. This is possible because the employer, corporation, or donor retains the right to recoup its premium advances from the policy’s cash value or death benefit.

Leveraging Life Insurance Premium Payments: Using Split-Dollar and Related Party Premium Financing Techniques 2nd Edition Lawrence Brody ISBN 9781639056163, 978-1639056163 & 9781639056170

Authors
Donald O Jansen
Lawrence Brody