United States, Tax, Private Placement Life Insurance Planning - Giordani, Swanger, Ripp & Phillips, LLP - 24/11/2009, Personal Tax & Estate Planning, Finance and Banking, Fund Management - Hedge, Mutual, Investment etc..
PPVUL insurance offers to U.S. qualified investors the ability to select asset management beyond the limited asset-management choices offered in retail variable life insurance products. This is attractive to high-net-worth clients who may have investment mandates that involve more sophisticated strategies such as hedge funds...
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When a client's net worth suggests the need for removing substantial assets from the estate tax base, private placement life insurance, a traditional irrevocable life insurance trust, and an alternative premium-paying arrangement can be a very effective combination...
