Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

There has been a “clear increase” in families using life insurance policies to fund future inheritance tax bills ahead of ...

With current estate-tax rules set to expire at the end of next year, life insurance could help heirs to some high net worth clients avoid bigger costs and payments to Uncle Sam in the future.

Any life insurance product, from term to universal life to whole life, shares a primary advantage; their death benefit is received by the beneficiary tax free, unless the policy owner breaks one of ...

The main point of life insurance is to provide financial support for your loved ones after you pass away. But life insurance offers various tax benefits including ones that you can take advantage of ...

Owning a life insurance policy can be an effective way to ensure that your loved ones are provided for if you die prematurely, and it can also play an important role in estate planning. But do you pay ...

Life insurance can in some instances help clients lower estate taxes, particularly in cases where expiring provisions of the 2017 Tax Cuts and Jobs Act could lead to higher levies, according to ...

In a unanimous decision, the Supreme Court ruled for the IRS and against a taxpayer arguing that life insurance proceeds reduced the value of a family business for estate tax purposes. In the life ...

A sealed glass jar with a $100 bill inside on a background of $100 bills. The Senate Committee on Finance conducted an investigation into the growing use of Private Placement Life Insurance (PPLI) ...