NEWS

Should You Replace a Life Insurance Policy in an ILIT – What Trustees Need to Know

The life insurance industry continues to innovate, offering a wide spectrum of life insurance policies to consumers. Some life insurance companies may trend away from selling certain traditional......

The Impact of a Partnership Return (Form 1065 & Schedule K-1) on the Value of a Closely Held Entity

As we visit with fiduciary industry professionals, we often hear that a partner’s Schedule K-1 (from Tax Form 1065) is relied upon as the source of value for a closely held business interest held within a trus......

Life Settlements Within the Fiduciary World

We hear it all the time from Trustees managing ILITs. Your client no longer wants that life insurance policy they took out years ago for estate planning purposes. The original reason for the policy is no longer ......

Patrick Alyward Named President of RIC

  OMAHA, NE - RIC (Resource Insurance Consultants) is pleased to announce that effective immediately Patrick Alyward has been promoted to President where he will manage critical functions al......

Unique Asset Exam Survey Results Regarding Closely Held Assets

We have received feedback from numerous clients that examiners at all levels have an increased focus on “unique assets” during their fiduciary exams.  Administering these asset types can pose significant cha......

UPDATE FOR TOLI TRUSTEES: TAX BILL PASSED BY CONGRESS BOOSTS LIFE SETTLEMENTS

Taxation on life settlements has always been a grey area for fiduciaries who decide to sell their client’s life insurance policy for a lump sum payment versus merely letting the policy lapse or be surrendered f......


    GET STARTED

    REQUEST INFORMATION

    Learn how you can mitigate your liability, meet your fiduciary duty and provide a value-added service to your clients. Contact us today to request information or schedule a WebEx demo.