Life insurance remains one of the cornerstones of financial planning. If you provide life insurance to planning to clients, or are looking to expand your business in this key area, this course is mission critical.
This course covers:

- The primary reasons for using life insurance
- Illustrations of 1035 exchanges and the various tax rules that can result in unexpected tax liabilities
- Planning techniques for retirement income needs, estate and gift tax avoidance, estate liquidity needs, and long-term care planning
- Planning techniques for individuals and businesses, including key personnel policies and buy-sell agreements
- Plain-language descriptions of potential tax consequences and strategies that plans can use to minimize tax liabilities
- Detailed explanations of how life insurance funds are allocated between charges and investment accounts and how different investment options are calculated

This course has been updated for trending issues, including:

- The interest rate changes made to Section 7702
- Completely updated tax and accounting information that incorporates the 2017 Tax Cuts and Jobs Act
- Expanded coverage of 1035 exchanges, including new improved valuation techniques that can reduce the time required to complete an exchange
- In-depth planning techniques for pension maximization and buy-sell agreements
- Detailed discussion of annuity types and tax consequences, including QLACs
- In-depth analysis of life insurance riders
- Planning techniques for using life insurance in qualified and nonqualified plans
- New chapter on state best interest requirements for life insurance products, including New York's Section 187