Life Insurance Audits: What You Need to Know

Overview

Life insurance is part of virtually all family and family office environments. It is utilized for short- and long-term planning, financial security for spouses, estate taxes and family business buy/sell planning. Often not well understood, life insurance can be easily relegated to the “back burner” – with potentially disastrous results. Auditing these assets can highlight unknown, time-sensitive risks, and increase financial leverage opportunities.

The learning objectives include:

  • Reducing family office and trustee fiduciary risk
  • Better understanding of the results of sustained low-interest rate environment
  • Leveraging gift, estate, and GST tax exclusions
  • Income tax issues
  • Underwriting fundamentals

Date Published: Wednesday, September 19, 2018

Speaker

Byron Thorsen, CFP®, Managing Director and Chief Compliance Officer and Dennis R. Wright, MBA, AEP®, ChFC®, CLU®, Managing Partner – Wellspring Associates

This webinar recording is available to FOX members and is available for purchase by FOX Public Network Guests.