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DTSTART:20131217T180000Z
DTEND:20131217T193000Z
LOCATION:The Standard Club, 320 S. Plymouth Court, 5th floor Ballroom, Chicago, IL
UID:773620131217T180000ZLife Insurance Traps for the Unwary
DTSTAMP:20260519T103235Z
DESCRIPTION:\nLife insurance plays an important role in many estate plans.  However, even the expert estate planner can get tripped up by the intricacies of insurance products and the tax law that governs them.  Seemingly simple transfers of existing life insurance policies, such as those into irrevocable trusts, can be particularly problematic.   Certain types of permanent and term life insurance products that in recent years have been popular in estate plans can create unforeseen problems and missed opportunities if not carefully designed and managed.  Policy illustrations can also be confusing and misleading.  Getting caught in these traps can have multi-million dollar consequences.   Larry Herman will open our eyes to these and other pitfalls and opportunities.\n
SUMMARY:Life Insurance Traps for the Unwary - Chicago Estate Planning Council 
PRIORITY:3
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DESCRIPTION:Reminder
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