Someone Had A Good Idea... - The Great Awakening

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Someone Had A Good Idea... (media.greatawakening.win)

posted 3 years ago by LoneWulf 3 years ago by LoneWulf +366 / -1

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– Oblakhan 1 point 3 years ago +1 / -0

Its been a while since I looked into it. It had been steadily climbing.

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– ceegeegee 2 points 3 years ago +2 / -0

It has....the reason I stay on top of it is because it is a strategy to pay for insurance premiums - example; rather than gift the $$ directly to the beneficiary(s) you gift to a trust that owns the policy. At death, beneficiary(s) receive proceeds income tax free. (Some states still have inheritance taxes.) Also, if you keep the gift under the exemption levels, you avoid Crummey letters.

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