Complimentary Webinar:Life Settlement Legal and Ethical Responsibility (Video)
Life settlement providers, who represent the institutional investors, have noticed the lack of life settlement discussions and education coming from planning professionals and are filling this void by increasing their direct-to-consumer marketing. Such direct marketing exploits a crack in the chain of fiduciary oversight and places senior clients in a position where they might enter into a contract to sell their life insurance policy without having any advocate at the table to protect their best interests in the life settlement process.
Learn more about the Robert G. Alexander Webinar Series. Speaker: Jon B. Mendelsohn, CEO and Co-Founder of Ashar Group/Ashar SMV
Drafting Income Tax-Sensitive Trusts Under the New Tax Laws (PDF)
Tax law changes in 2017 and 2019 have altered the income tax consequences of utilizing trusts in estate planning. The authors outline current problems and propose solutions with sample language. Authors: James G. Blase, CPA, JD, LL.M. and Ryan G. Polley, JD
What Advisors Should Know About Hybrid Long-Term Care Policies (PDF)
Hybrid policies are an alternative to existing stand-alone policies. Learn the 3 situations where hybrid polices are particularly attractive along with the benefits and drawbacks.
Reprinted with permission. Originally published in Trusts & Estates April 2019. Authors: Henry Montag, CFP®, CLU® and Bill Boersma, CLU®, AEP®, LIC
7th Annual Trust Decanting State Ranking Chart (PDF)
Rankings based on ease of use and flexibility. Lower-ranked state statutes may have flexibilities that higher-ranked state statutes lack, so the reader should not necessarily conclude that a higher-ranked state is always better.
Reproduced courtesy of Leimberg Information Services, Inc. (LISI)
Author: Steven J. Oshins, JD, AEP® (Distinguished)
Anticipating the Secret Scion in Estate Planning (PDF)
At-home DNA testing may potentially identify an unknown heir. Scott Rahn is an estate litigator with suggestions on proactively addressing this issue in your estate plan. Author: Scott E. Rahn, JD
The Little Known and Understood Living Benefits of Life Insurance (PDF)
Identifies and explains 3 specific types of living benefits provided under a policy that only a minority of policy owners and advisors are aware of or understand.
Reproduced courtesy of The Senior Lawyer, New York State Bar Association Authors: Henry Montag, CFP®, CLU® and Bill Boersma, CLU®, AEP®, LIC
Collecting Another Country’s Taxes—Recent Developments in the Canada U.S. Context (PDF)
Written by a newly-minted AEP® designee based in Toronto. Discusses the US-Canada Tax Treaty with respect to assistance in collection and exchanges of information and outlines several recent cases where taxpayers argued against the validity of the Treaty provisions.
First published by Ruchelman P.L.L.C. in Insights 6, no. 9 (2019). Author: Sunita Doobay, JD, LL.M. (taxation), TEP, AEP®
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