life insurance valuations
Edgar is interested in creating a trust irrevocable life insurance but want to be sure that any gifts?
Edgar is interested in the creation of an irrevocable life insurance trust, but want to be sure that any gift you make to the trust to pay the insurance premiums are classified to suspend the annual gift tax. Which of the following techniques will help him achieve that goal? A) B QTIP election) date of assessment Alternative C) D Crummey powers) Assets freeze
A. But if you want to pass that test, you need to know why.
