Tools & Techniques of Life Insurance Planning, 7th Edition

Life insurance remains one of the cornerstones of financial planning. If you provide life insurance planning to clients, or are looking to expand your business in this key area, this book is a must-have. The expert authors, Stephan R. Leimberg and Keith A. Buck, deliver: » Detailed information about the entire range of life insurance products that can be used by estate and financial planners in a wide variety of circumstances » Planning techniques for retirement income needs, estate and gift tax avoidance, estate liquidity needs, and long-term care planning » Plain-language descriptions of the tax consequences of various life insurance products and strategies that plans can use to minimize tax liabilities » Planning techniques for individuals and businesses, including key personnel policies and buy-sell agreements The 7th Edition includes: » Completely updated tax and accounting information » Expanded coverage of 1035 exchange rules, including partially tax-deferred exchanges » Improved planning techniques for pension maximization and buy-sell agreements » Detailed discussion of annuity types and tax consequences » Newly revised comparisons of permanent life insurance features, including joint life, single premium, and limited pay options » In-depth analysis of life insurance riders » Planning techniques for using life insurance in qualified and nonqualified plans And, as with all the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate complex financial planning issues. Whether you’re a newcomer to this area or a seasoned planning professional, this is the one resource that leads you quickly to the life insurance planning answers you need.