Wednesday, May 28, 2014

12 more estate planning tax tips

The estate tax, and planning for it, confuses most clients.  By example, a client needs to know what the IRS's share of a life insurance policy and an annuity will be if these become part of their estate, or are part of a recent inheritance.

1. When are death proceeds of life insurance includable in an insured’s gross estate?

They are includable in the following four situations: article available at LifeHealthPro

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