
Life insurance is a critical component in assets planning, especially when addressing potential liquidity needs for property taxes and efficient property transfer. A common approach to integrating life insurance into a wealth plan is through an irreversible belief in life insurance. Politics ownership by an Ilit offers many benefits, including the advantages of property taxes, extended creditor protection and the ability to control distributions for beneficiaries.
Expectations of changes in property tax laws create uncertainty for customers, making them hesitant to complete their wealth plans. This uncertainty can lead to delays as customers wait for more sustainable or favorable tax conditions before making important decisions. I have …