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
Real estate investors may be familiar with the acronym DST, which in the context of Internal Revenue Code Section 1031 like-kind exchanges, refers to a Delaware Statutory Trust. A 1031 DST is a vehicle by which a seller of...more
Most of us know that S corporations are reasonably tax efficient from an operating standpoint: leaving aside Illinois replacement tax, only one level of tax is paid on company earnings (at the shareholder level). We also know...more