Study Group: Tax Traps When Transferring Life Insurance Policies

Jul 21, 2015 02:00pm -
Jul 21, 2015 03:00pm
(GMT-5)

Event Description

July 21, 2015
Tax Traps When Transferring Life Insurance Policies
 
 

 
Presented by: Michael Geeraerts, JD, CPA, CGMA, CLU

 

Life insurance is generally afforded favorable income tax treatment under the Internal Revenue Code, such as a life insurance policy's death benefit generally being income tax-free to the policy's beneficiary.  However, there are certain transfers of life insurance policies that could end up resulting in a death benefit being entirely or partially subject to income tax.  Life insurance policyholders are often unaware of these tax rules, even though life insurance is often used for personal and business planning purposes.  This study group will cover how certain transfers of life insurance policies can result in adverse tax consequences.


Event Type:Study Group
Category:Study Group
Early registration ends on Feb 03, 2015.
Regular registration starts on Feb 04, 2015 and ends on Jul 21, 2015.
Late registration starts on Jul 22, 2015.
(GMT-05:00) Eastern Time (US & Canada)