What might seem like a money-saving move often backfires.

Explore Split-Dollar Life Insurance, including its definition, types, key features, benefits, and drawbacks. Learn ...

On the surface, split-dollar life insurance is easy to understand. Digging into the legal and tax considerations of such a plan sheds light on the inherent complexities. In a previous post, I dove ...

It is not often a business can offer its employees a benefit that in the long run costs little or nothing. Split-dollar life insurance is a clever way to allow management to provide a key worker ...

In 2017, practitioners operated in a global economy, faced with high-net-worth clients who lived abroad and sought life insurance options to meet their estate and tax planning needs. Practitioners ...

For an employer, split-dollar life insurance plans can be a useful way to attract and retain key hires. For employees, split-dollar plans can be a valuable estate-planning vehicle for employees ...

Split-dollar insurance is an agreement between two parties to allocate between them the costs and benefits of a life insurance policy. It is not a particular type of life insurance policy. When ...

A recent Tax Court decision in De Los Santos v. Commissioner illustrates the complexity of split-dollar life insurance arrangements. Taxpayers who participate in these or other types of life insurance ...