Speakers: Howard B. Edelstein, CLU, AEP

Year: 2020

Much has been written in the estate planning press about the looming intergenerational wealth transfer taking place in our country today. We read about FLPs, IDGTs and their derivitives, but there is another form of intergenerational gifting that has not received as much attention but can deliver high, long-term value at a relative low cost — life insurance. This presentation will address the parent and grandparent life insurance gifting strategy and share techniques to achieve the best results, both financial and emotional, of this unique, tax-advantaged property. Life insurance gifting can be practical for the donor of modest wealth, as well as the donor with a level of wealth at the federal exemption level and beyond. The presentation will include discussion of several cases from my files.