Life Settlement - Taxes News
Estate Tax Repeal Would Give the Super-Rich a Second, Less Obvious, Multimillion Dollar Windfall
Super-wealthy families will win twice if estate tax repeal or reform eventually becomes law, according to Ashton Group CEO Stephen Wolff. Beyond the obvious tax savings, America’s richest citizens would greatly benefit from selling off the multi-million dollar life insurance policies that they no longer need—at an enormous profit.
LIFA Commends Congress' Decision to Exclude a Provision for Excise Tax on Life Settlements in Pension Bill
The Life Insurance Finance Association (“LIFA”) commends the Congress for its decision to protect the retirement financial security of millions of Americans while also preserving the value of the secondary life insurance market for consumers, commonly known as “life settlements.”
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