21 August 2014 0 Comments

More Life Insurance Uses for Foreign Internationals

In my last entry I discussed special estate tax needs of Foreign Nationals and how life insurance can be an effective answer.  Aside from estate tax liability, there are also some other uses of life insurance issued by U.S. insurers that are attractive to foreign nationals. International investors often look for safe, secure U.S. based [...]

15 August 2014 0 Comments

The Flexibility of Universal Life

My previous entry dealt with how Universal Life (UL) could be structured to resemble a 20 year term policy.  This is just one of the flexibility features of Universal Life.  There might also be some flexibility in amount of death benefit, but here I’ll deal just with premium flexibility and access to cash value in [...]

8 May 2014 0 Comments

The Case of the Unecessary ILIT

A few years ago you may have established an Irrevocable Life Insurance Trust (ILIT) in order to provide liquidity for estate taxes.  At the time, the per-person exemption was only $1,000,000 but now the exemption is north of $5,000,000 and due to rise with the CPI.  The life insurance in that ILIT is no longer [...]

3 May 2013 0 Comments

Comparing Permanent Life Insurance

As I covered in the last couple of entries, comparing term premiums isn’t too hard.  When it comes to permanent life insurance, since there are so many more moving parts it’s more complicated.  There are basically two types of permanent insurance:  Whole Life and Universal Life.  But, then there are subdivisions of each of these [...]