Estate Planning Pitfall – You Haven’t Transferred Ownership of a Life Insurance Policy to a Trust

In this podcast, Julie Malekhedayat from our Family Wealth and Individual Tax Planning Group discusses:

  • Life insurance policies and how they work with estate taxes
  • Would it make sense to remove a life insurance policy out of your taxable estate?
  • How do life insurance policies interact with estate and income taxes?
  • How do I know if I’m the owner of a life insurance policy?