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Articles, tagged with "life insurance policy", page 1

Divorce

The Best Divorce Lawyers in Greensboro NC

22nd June 2011
Home loan Payoff (even though some might debate this, most advisors use this) Adjustment Time period (usually one particular ages wage) Schooling Fund ((Personal College expenditures till graduation when relevant and/or total college costs) X # of You...
Author: Benjamin Greer
Business Law

Protect Your Loved Ones with SBI Life Insurance

28th February 2011
Whether you are concerned about your child’s education, your daughter’s marriage or even your retirement days, SBI life insurance will provide you lifelong support. SBI Life Insurance is a top life insurance company and makes buying life insurance simple ...
Author: Terry Jonnathan
Trusts

The value of life insurance trusts

13th January 2011
You may think of life insurance in very simple terms: you buy a policy so that your loved ones will have some financial assistance when you die. But if you have assets of $1 million or more, you should view life insurance as a tool – kind of a Swiss army ...
Author: Ishan Goradiya
Taxes

Tax Advantages for the Annuity Holders

28th October 2010
Tax Advantages Money invested and allowed to accumulate in an annuity for several years grows without the need to pay taxes until you begin receiving payments. This is called tax deferment. Death and disability are the only reasons the IRS allows ...
Author: Simon
Taxes

How to lower the cost of your life insurance

28th September 2010
Usually when you set up a life insurance policy you will base the level of life insurance cover (for example $500,000) on your situation, needs, and budget. For example your life insurance might take care of debt, provide for dependants, or have enough to...
Author: cisamitesh
Estate Planning

Switching Irrevocable Life Insurance Trusts

26th March 2010
Irrevocable life insurance trusts ("ILITs") are commonly used to keep insurance proceeds outside the estates of the grantor-insured, the grantor's spouse, and the grantor's descendants (if a generation-skipping trust is used). As the name indica...
Author: Julius Giarmarco, Esq.
Trusts

Intentionally Defective Beneficiary Trusts

26th March 2010
The benefits of an intentionally defective grantor trust (“IDGT”) are well known. First, the grantor’s payment of the trust’s income taxes is essentially a tax-free gift to the beneficiaries of the trust. Rev. Rul. 2004-64. Thus, the assets in the trust g...
Author: Julius Giarmarco, Esq.