Life insurance is considered intangible personal ... The significance of this election deals with the U.S. tax treatment of the offshore life insurer’s separate account investments.

At its core, private placement life insurance is life insurance, but with a twist. Instead of investing in standard insurance ...

Life insurance is probably the least sexy area ... so we cannot have a bunch of ultra-rich tax dodgers abusing its special tax treatment to set up tax-free hedge funds and shelter oodles of ...

She possesses substantial private and public equities and has already utilized her lifetime exemption. She also believes her children have sufficient resources. Her $70 million investment generates ...

Supreme Court to decide estate tax impact of life insurance in closely held businesses This term, the Supreme Court will answer the questions regarding the estate tax treatment of life insurance ...

Ans. In the present provisions, in the case of Unit Linked Insurance Policy, even where payable premium exceeded 10 percent of the sum assured, the sum received on redemption was not being charged to ...

Taxes are a part of life for everyone. But when it comes to running a business, investing in real estate, or managing insurance, taxes can get complicated fast. Understanding how tax laws work in ...

Matthew Roberts is a tax attorney who covers tax litigation and fraud. Under a split-dollar life insurance arrangement, a third party pays the insurance premiums on an insured person but maintains ...

The Union Budget 2025 clarifies the tax treatment of Unit Linked Insurance Policies (ULIPs), aligning them with other ...

Budget 2025 clarifies how taxable income from life insurance policies, especially ULIPs, should be treated, helping taxpayers ...

Budget 2025 brings key tax, insurance, and investment changes. From ULIP taxation to NPS benefits and Kisan Credit Card ...