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Julius Giarmarco
ING, DING and NING trusts
Article posted by Julius Giarmarco
An ING trust is short for “incomplete non-grantor trust”; a NING trust is short for “Nevada incomplete non-grantor trust”, and a DING trust is short for “Delaware incomplete non-grantor trust.” These are trusts where a grantor residing in a high-income tax state transfers income-generating or appreciating assets to an irrevocable non-grantor trust in a state that will not subject the trust’s income and capital gains to state income taxes (like Nevada and Delaware). In the typical ING, the grantor is a beneficiary of the trust.

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Jeff Reed
Living and dying with dignity: The right combination of life, LTC and critical illness
Article posted by Jeff Reed
We have discussed the merits of LTC and chronic illness riders in this forum on more than one occasion, always in an effort to understand the nuances that differentiate one offering from another. The hope, of course, is that there is a clear winner. The reality, unfortunately, is much more complicated.

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Estate Planning >>

Ike Devji
What is an ILIT — and why doctors and business owners should use it
Article posted by Ike Devji
It is an irrevocable trust that, for the purposes of our introductory discussion, cannot be changed or amended outside a few very specific exceptions. It is an irrevocable trust that, for the purposes of our introductory discussion, cannot be changed or amended outside a few very specific exceptions.

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Combo Products >>

jcharles4
How does an ESOP benefit your practice?
Article posted by JASON CHARLES
Whether a company already has one or is considering implementing one, an ESOP can present you with a variety of sales opportunities by asking your client the following questions.

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Life Settlements >>

Jeff Reed
How a MEC can be your client’s Swiss army knife
Article posted by Jeff Reed
Whether as a cash-equivalent sale or an annuity alternative that has been designed smartly to feature living benefits, the potential upsides and the attractive tax-free death benefits are hard to ignore. I believe that the inclusion of these products by life insurance professionals in their daily planning can uncover opportunities that are often overlooked.

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