National Law Foundation, LLC -- Drafting Life Insurance Trusts That Work Including GSTT Issues

Drafting Life Insurance Trusts That Work Including GSTT Issues

Audio CDs and Course Book

The audio CDs and course book of this 1.6-hour September 24, 2007 presentation give you a practical and useful explanation of what you need to know in order to properly plan and draft Irrevocable Life Insurance Trusts. Jon J. Gallo, Esq., a partner in the Los Angeles law firm of Greenberg Glusker Fields Claman & Machtinger LLP, provides a thorough and comprehensive analysis of this important topic.

Topics include:

üCommunity Property Issues

ü Selecting And Removing Trustees

• insured

• beneficiary

• R.R. 79-353, TAM 8922003, PLR 8916032, PLR 9303018, Estate of Wall, R.R. 95-58

ü Three-Year Rule

• TAM 932300

• substituting v. backdating

• Estate of Kurihara

ü Transfer For Value Rule

• secondary market issue

ü Basic Gift Rules

• term, whole life, etc.

• secondary market

ü Crummey

• frequency of notices

• “reasonable” period

• minor beneficiaries

• must there be cash?

• can you turn power on and off?

• Hackl assets

ü Cost Factors

ü Insurance Products

• term

• whole life

• blended whole life

• universal life

• variable life

ü Sample Irrevocable Life Insurance Trust With GSTT Provisions

FORMS: To download forms relating to these topics, please go to www.NLFforms.com

Price: $109.00