Estate Planning in a Time of Uncertainty
Speakers: Tom Commito, Lincoln Financial Group & Steve Burk, Insurance Decisions.
Year: 2021
Body of Knowledge:
Insurance Products
Competence: Sales |
Level: Basic |
Session Rating: 4.30
There are many unknowns as to the future of the estate tax. For example, what will the amount of the exemption be? This presentation will look at how to do planning in this time of uncertainty with an emphasis on creative uses of life insurance. In addition, it will look at the new concepts in trust planning.
Session Takeaways:
• Discuss how to maximize your exemption now – it will only be lower, probably much lower.
• Since you should use your exemption for other assets and we do not know what it will be, let’s fund life insurance with an IDIT trust and avoid all transfer taxes forever, and provide the financial security for your family!