$6.12 Note at AFR                                                  ChildMom and Dad                        Split dollar   ...
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Legacy Split Dollar


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Legacy Split Dollar is a creative technique to efficiently pass assets to the next generation.

Published in: Economy & Finance
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Legacy Split Dollar

  1. 1. $6.12 Note at AFR ChildMom and Dad Split dollar agreement Premiums for $15.0 $5.12 Gift Mil Life policy Life Insurance GST Grantor Company Trust Result # 1: Mom and Dad die first. Major benefits include: 1. Use of child’s $5.12 mil exemption while available 2. Potentially discounted value of the split dollar loan in parent’s estate 3. Creation of liquidity for child’s estate by using life insurance. 4. Graegin Loan applicability? Result # 2: Child dies first: 1. Life proceeds pay off split dollar loan. COPYRIGHT 2012 STEVEN R. BERTINO ALL RIGHTS RESERVED