不可撤销人寿保险信托入门
"I'm proud to pay taxes in the United States; the only thing is, 给我一半的钱，我也会很骄傲的."
艺人亚瑟·戈弗雷
The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that may accomplish a number of estate objectives; however, 它可能并不适合每个人.
Using a trust involves a complex set of tax rules and regulations. 在进行信托之前, consider working with a professional who is familiar with the rules and regulations.
Several factors will affect the cost and availability of life insurance, 包括年龄, 健康, 以及所购买保险的种类和金额. Life insurance policies have expenses, including mortality and other charges. 如果保单过早放弃, the policyholder also may pay surrender charges and have income tax implications. You should consider determining whether you are insurable before implementing a strategy involving life insurance. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments.
什么是ILIT?
An ILIT is created by an individual (the grantor) during his or her lifetime. The ILIT owns a life insurance policy on the grantor's life via the transfer of ownership of an existing policy or through the grantor's annual contribution of cash to pay the premiums on a policy purchased by the trust.
设保人指定受益人, 通常是家庭成员, who will typically receive the proceeds upon the death of the grantor.
信托是不可撤销的, meaning that the grantor forfeits all rights to the property contained in the trust. Its irrevocable nature is integral to accomplishing the ILIT's objectives.
ILIT能完成什么?
The ILIT may be able to accomplish several estate objectives, including:
- 满足流动性需求;
- 管理政策收益的遗产税;
- 为幸存者提供收入.
ILIT是如何工作的?
When you die, the trust is designed to receive a payment equal to the policy coverage amount, e.g., $500,000. 因为信托对保单的所有权是不可撤销的, 收益不被视为你的财产. Consequently, they do not fall into your estate, thus potentially avoiding estate taxation. (Remember, generally no income tax is due on such life insurance proceeds.)1
Keep in mind, this is a hypothetical example used for illustrative purposes only. It is not representative of any specific estate or estate strategy. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. 请咨询法律或税务专业人士 for specific information regarding your individual situation.
The trust provisions should be set up to provide direction about how and to whom payments may be made. You may direct that the trust pay out cash to cover certain expenses, e.g., funeral costs, probate, taxes, final medical expenses, and debts.
This may obviate the need to sell less liquid assets at an inopportune time to cover such costs.
The trust's beneficiaries may receive the proceeds (after any payments are made to satisfy liquidity needs), 创造免交遗产税的遗产.
Finally, creditors should not be able to attack these assets since they belong to the trust, not you.
Creating an ILIT should be done only with the assistance of a qualified estate planning attorney. It is a complicated exercise in which mistakes may result in losing the benefits ILITs offer.
1. Investopedia.2023年1月5日
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. 请咨询法律或税务专业人士 for specific information regarding your individual situation. This material was developed and produced by love爱博体育app下载 to provide information on a topic that may be of interest. love爱博体育app下载不隶属于指定的经纪自营商, 国家或证券交易委员会注册的投资咨询公司. 所表达的意见和 所提供的资料仅供一般参考, and should not be considered a solicitation for the purchase or 出售任何证券. 版权 love爱博体育app下载.
