beneficiary
Options When the Policy is Ready but the Trust Is Not
Situation: With the pending reduction of the estate tax exemption in 2026 many people are thinking about their own estate plans, causing a surge in estate planning and the purchase of life insurance. As a result, we are receiving a renewed interest in one of the most common estate planning techniques – that of the […]
The Many Ways to Structure a Gift Transfer
Read our print-friendly PDF version The combination of depressed market values and the historically high gift/estate exemption of $12,920,000 (2023 indexed) opens the door to significant wealth transfer planning opportunities for high net worth individuals and their families. While making a gift of an amount equal to a large part of, or all of, the […]
Trusts Used in Estate Planning
OverviewThe purpose of this brochure is to provide a general discussion of basic trust principles. It includes, for your consideration, the essential elements of trusts, their advantages, tax and nontax reasons for using them, and the various types of trusts used by individuals in their estate documents.Should You Have a Trust?Reasons for establishing trusts are […]
Quick Read – Estate Planning Flow Chart
We’ve created an easy to understand flow chart to help you understand the steps and exactly what happens during the process. Check it out now! LINK
A Business Does Not Need to Die At the Death of a Key Employee
Read our print-friendly PDF version Businesses are born when the market has a need and someone has a great idea for meeting the need. A product or service is developed and offered to the public. Over time, the skill, knowledge, leadership, and experience of the business’s key people make it possible for it to grow […]
Owner and Beneficiary Designations on Buy-Sell Arrangements
CASE STUDY Situation: One of the most frequent questions posed to DBS’s in-house Advanced Marketing Attorney by financial representatives concerns the appropriate owner and beneficiary designation of a life insurance policy for a business buy-sell arrangement. Frequently, business owners want their business paying the premiums and they mistakenly believe that this means the business needs […]
Key Employee Life Insurance Checklist
Read our print-friendly PDF version The purpose of key employee life insurance coverage is to help indemnify a business for the loss of a key employee’s skills and experience in the event of the death of that person. Death benefits or cash values may be used to help recruit and train a replacement, to pay […]
