Author: Richard Weber
Publisher:
ISBN: 9781634259781
Category :
Languages : en
Pages :
Book Description
Life insurance properly acquired and actively managed is one of the best long-term solutions to assuring financial liquidity at death. Due Diligence of Trust-Owned Life Insurance is an impactful and timely resource for any attorney who wishes to safely guide their clients through what can be a confusing maze of life insurance policies sold in today's market.Why is this book so necessary? Recently, numerous class action lawsuits have been brought against life insurance companies by disgruntled policy owners due to failed policy performances. Many buyers who relied on the projected values contained in sales illustrations at the time of purchase are now experience serious buyer's remorse. Estate planning attorneys are often asked by clients to attend meetings with agents to help guide clients in making the right decisions, making it essential that counsel can decipher, understand, and explain the language in and differences among life insurance policy contracts.Due Diligence of Trust-Owned Life Insurance clearly explains policy provisions and details in an understandable fashion, making important decision-making criteria is finally accessible to the practitioner. At the same time, it also includes a rigorous treatment of key insurance contract provisions to help attorneys understand how different contract details can materially impact their clients. Topics include: The Uniform Prudent Advisor ActPolicy options and ridersInherent risks in life insurance productsHow to choose ideal policy stylesReading a non-guaranteed universal life illustrationPremium financingTrustee involvement and acceptance, and moreTo illustrate this challenging material, the authors include graphs and charts as well as sample forms and schedules. Additional material includes a glossary of terms and the rating systems of the five major rating agencies.Whether you are a newly appointed trustee--or one who has been acting in that role for many years--if any of these statements are true for you, you will find this book a valuable resource. This concise and useful guide has been written in collaboration with insurance agents, actuaries, attorneys, and others with requisite expertise and the focus has the personal trustee in mind.
Due Diligence of Trust-Owned Life Insurance
Author: Richard Weber
Publisher:
ISBN: 9781634259781
Category :
Languages : en
Pages :
Book Description
Life insurance properly acquired and actively managed is one of the best long-term solutions to assuring financial liquidity at death. Due Diligence of Trust-Owned Life Insurance is an impactful and timely resource for any attorney who wishes to safely guide their clients through what can be a confusing maze of life insurance policies sold in today's market.Why is this book so necessary? Recently, numerous class action lawsuits have been brought against life insurance companies by disgruntled policy owners due to failed policy performances. Many buyers who relied on the projected values contained in sales illustrations at the time of purchase are now experience serious buyer's remorse. Estate planning attorneys are often asked by clients to attend meetings with agents to help guide clients in making the right decisions, making it essential that counsel can decipher, understand, and explain the language in and differences among life insurance policy contracts.Due Diligence of Trust-Owned Life Insurance clearly explains policy provisions and details in an understandable fashion, making important decision-making criteria is finally accessible to the practitioner. At the same time, it also includes a rigorous treatment of key insurance contract provisions to help attorneys understand how different contract details can materially impact their clients. Topics include: The Uniform Prudent Advisor ActPolicy options and ridersInherent risks in life insurance productsHow to choose ideal policy stylesReading a non-guaranteed universal life illustrationPremium financingTrustee involvement and acceptance, and moreTo illustrate this challenging material, the authors include graphs and charts as well as sample forms and schedules. Additional material includes a glossary of terms and the rating systems of the five major rating agencies.Whether you are a newly appointed trustee--or one who has been acting in that role for many years--if any of these statements are true for you, you will find this book a valuable resource. This concise and useful guide has been written in collaboration with insurance agents, actuaries, attorneys, and others with requisite expertise and the focus has the personal trustee in mind.
Publisher:
ISBN: 9781634259781
Category :
Languages : en
Pages :
Book Description
Life insurance properly acquired and actively managed is one of the best long-term solutions to assuring financial liquidity at death. Due Diligence of Trust-Owned Life Insurance is an impactful and timely resource for any attorney who wishes to safely guide their clients through what can be a confusing maze of life insurance policies sold in today's market.Why is this book so necessary? Recently, numerous class action lawsuits have been brought against life insurance companies by disgruntled policy owners due to failed policy performances. Many buyers who relied on the projected values contained in sales illustrations at the time of purchase are now experience serious buyer's remorse. Estate planning attorneys are often asked by clients to attend meetings with agents to help guide clients in making the right decisions, making it essential that counsel can decipher, understand, and explain the language in and differences among life insurance policy contracts.Due Diligence of Trust-Owned Life Insurance clearly explains policy provisions and details in an understandable fashion, making important decision-making criteria is finally accessible to the practitioner. At the same time, it also includes a rigorous treatment of key insurance contract provisions to help attorneys understand how different contract details can materially impact their clients. Topics include: The Uniform Prudent Advisor ActPolicy options and ridersInherent risks in life insurance productsHow to choose ideal policy stylesReading a non-guaranteed universal life illustrationPremium financingTrustee involvement and acceptance, and moreTo illustrate this challenging material, the authors include graphs and charts as well as sample forms and schedules. Additional material includes a glossary of terms and the rating systems of the five major rating agencies.Whether you are a newly appointed trustee--or one who has been acting in that role for many years--if any of these statements are true for you, you will find this book a valuable resource. This concise and useful guide has been written in collaboration with insurance agents, actuaries, attorneys, and others with requisite expertise and the focus has the personal trustee in mind.
Due Diligence of Trust-owned Life Insurance
Author: John Resnick
Publisher:
ISBN: 9781634259774
Category : Life insurance trusts
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9781634259774
Category : Life insurance trusts
Languages : en
Pages :
Book Description
Insurance Trust, a Manual for Attorneys and Life Underweiters
Author: Charles Alison Scully
Publisher:
ISBN:
Category : Insurance, Life
Languages : en
Pages : 112
Book Description
Publisher:
ISBN:
Category : Insurance, Life
Languages : en
Pages : 112
Book Description
Trust Owned Life Insurance
Author:
Publisher:
ISBN:
Category : Life insurance trusts
Languages : en
Pages : 78
Book Description
Publisher:
ISBN:
Category : Life insurance trusts
Languages : en
Pages : 78
Book Description
Some Legal Aspects of Life Insurance Trusts
Author: Guy Bertram Horton
Publisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 64
Book Description
Publisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 64
Book Description
The Irrevocable Life Insurance Trust
Author: Lawrence Brody
Publisher: American Bar Association
ISBN: 9781616328979
Category : Life insurance trusts
Languages : en
Pages : 0
Book Description
Understand the essential elements of both a single life policy irrevocable life insurance trust and survivorship policy irrevocable life insurance trust in order to meet your clients' estate planning needs. This concise primer offers a step-by-step guide to these trusts and includes sample trust forms and documents to adapt for your practice. Includes sample forms for a both types of irrevocable life insurance trusts along with notes to the drafter for each type of trust; forms also on CD-ROM.
Publisher: American Bar Association
ISBN: 9781616328979
Category : Life insurance trusts
Languages : en
Pages : 0
Book Description
Understand the essential elements of both a single life policy irrevocable life insurance trust and survivorship policy irrevocable life insurance trust in order to meet your clients' estate planning needs. This concise primer offers a step-by-step guide to these trusts and includes sample trust forms and documents to adapt for your practice. Includes sample forms for a both types of irrevocable life insurance trusts along with notes to the drafter for each type of trust; forms also on CD-ROM.
Living Trusts
Author: Gilbert Thomas Stephenson
Publisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 456
Book Description
Publisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 456
Book Description
Life Insurance Products, Illustrations, and Due Diligence
Author: Richard Allen Schwartz
Publisher:
ISBN:
Category : Insurance companies
Languages : en
Pages : 116
Book Description
Publisher:
ISBN:
Category : Insurance companies
Languages : en
Pages : 116
Book Description
Using Life Insurance Products in Estate and Business Planning
Author: Maine State Bar Association. Continuing Legal Education
Publisher:
ISBN:
Category : Business planning
Languages : en
Pages : 166
Book Description
Publisher:
ISBN:
Category : Business planning
Languages : en
Pages : 166
Book Description
Life Insurance Trusts
Author: Bank of America (New York, N.Y.)
Publisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 42
Book Description
Publisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 42
Book Description