The use of private placement life insurance (PPLI) by high-net-worth individuals has generated considerable controversy over the years, with proponents arguing that it is a proper use of existing laws that provide many of the...more
1/9/2025
/ Accredited Investors ,
Estate Planning ,
Estate Tax ,
Financial Services Industry ,
High Net-Worth ,
Income Taxes ,
Insurance Industry ,
Internal Revenue Code (IRC) ,
Investment ,
IRS ,
Life Insurance ,
Liquidity ,
Private Placement Life Insurance ,
Tax Code ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Reform
Sometimes tax motives overwhelm philanthropic motives, which has often been the case with charitable deductions for so-called “conservation easements.” For years now, sponsors have offered up investments in partnerships,...more
Those of you who followed the drama around the oddly-named Inflation Reduction Act of 2022 will have seen the rise and fall of efforts to change tax laws regarding “carried interests.”...more