Leveraging Life Insurance Premium Payments, Second Edition

"With the effective date of the Final Split-Dollar Regulations in 2003, many commentators asserted that split-dollar premium financing was dead. A reader of this book should be persuaded that these predictions were indeed premature. Although split-dollar arrangements have significantly changed from the grandfathered split-dollar rules (although in many ways they have remained the same), such arrangements are very much alive today-they are not dead, merely different. Particularly with premium loans, practitioners (to their ... Read More

"With the effective date of the Final Split-Dollar Regulations in 2003, many commentators asserted that split-dollar premium financing was dead. A reader of this book should be persuaded that these predictions were indeed premature. Although split-dollar arrangements have significantly changed from the grandfathered split-dollar rules (although in many ways they have remained the same), such arrangements are very much alive today-they are not dead, merely different. Particularly with premium loans, practitioners (to their peril) may not realize that they are involved with the split-dollar regimes when financing life insurance premium payments. Hopefully this book will serve as an useful guide in providing for leveraging life insurance premium payments, whichever regime is used"-- Provided by publisher. Read Less