Securian’s comprehensive Financial Professional’s Guide to the Taxation of Life Insurance provides insights into some of the more obscure rules. What is boot again and how can it impact 1035s? The following topics are covered:
- Overview of taxation of life insurance
- Modified endowment contracts
- DEFRA recapture rules
- 1035 tax-free exchanges / 1035s with loans / boot
- Transfer for value
- Goodman Rule / Triangle / Trinity
- Three-year rule
- 101(j) Compliance for Employer-Owned Life Insurance (EOLI)
- The valuation of life insurance policies
