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453: News of the Week 08/14/24

Wealth Formula by Buck Joffrey

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Navigating Zero Cost Premium Financing for Wealth Transfer

This chapter explores zero cost premium financing as a strategic approach for high net worth individuals to navigate upcoming tax code changes concerning estate and gift tax exemptions. It highlights the benefits of using structured life insurance policies to effectively manage wealth transfer and mitigate tax liabilities before potential reductions in the lifetime estate exemption in 2026.

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