Posts Tagged ‘tax free’

Asset Protection and Tax-Free Wealth Building Via a Life Insurance Dynasty Trust

In these times of eroding property rights, punitive tax rates, and financial insecurity, a U.S. taxpayer can use an irrevocable life insurance trust to protect trust property against creditors, legally avoid U.S. taxes, and also enjoy trust assets.  Generally, a carefully-designed irrevocable life-insurance dynasty trust (or generation skipping transfer (GST) trust) provides tax-free growth of […]

Offshore Private Placement Life Insurance Trust – Funding a Dynasty Trust By Multiple Grantors

Private placement life insurance (PPLI) typically requires a minimum premium commitment of $1 million or more.  By pooling their available assets, two or more grantors of (i.e., contributors to) an irrevocable life insurance trust (ILIT) can reach the minimum premium commitment of a PPLI policy.  The insured may be one of the grantors, but need […]

The Dirty Little Secrets Behind Life Insurance Fees

Have you ever read an article that claimed life insurance was not a good investment vehicle? I know I have so I decided to do some research and here is what I found out. It may surprise you. After all you are probably wondering how much of your money is going to pay for that […]