With stretch-out IRAs using Wealthy and Wise, what do I do if some of the estate tax has to come from the IRA? As you know, this creates a circular calculation where you end up paying a tax upon a tax upon a tax, which ultimately ends up consuming anywher Read more about With stretch-out IRAs using Wealthy and Wise, what do I do if some of the estate tax has to come from the IRA? As you know, this creates a circular calculation where you end up paying a tax upon a tax upon a tax, which ultimately ends up consuming anywher
We have two clients who are owners of an S Corp in California. 12 years ago their company was valued at $12 Mil. They created a Cross Purchase B-S agreement and funded the B-S with $6 Mil of permanent life insurance on each owner. Today, the company is va Read more about We have two clients who are owners of an S Corp in California. 12 years ago their company was valued at $12 Mil. They created a Cross Purchase B-S agreement and funded the B-S with $6 Mil of permanent life insurance on each owner. Today, the company is va
I have a client in the Gas and Oil business for whom I’m doing a Wealthy and Wise analysis. He has several gas/oil assets that will deplete in value. There is no negative percentage that I can use to match his numbers. Is there a way to manually enter the Read more about I have a client in the Gas and Oil business for whom I’m doing a Wealthy and Wise analysis. He has several gas/oil assets that will deplete in value. There is no negative percentage that I can use to match his numbers. Is there a way to manually enter the
If a policy in an ILIT that is financed with loans is surrendered, what are the tax consequences? Read more about If a policy in an ILIT that is financed with loans is surrendered, what are the tax consequences?
I’m trying to run a Loan-Based Private Split Dollar plan and I can’t seem to construct a policy that will satisfy the 110% of loan amount requirement beyond Year 22. Any suggestions? Read more about I’m trying to run a Loan-Based Private Split Dollar plan and I can’t seem to construct a policy that will satisfy the 110% of loan amount requirement beyond Year 22. Any suggestions?
How do I print copies of the Computer Business Cards slides? Read more about How do I print copies of the Computer Business Cards slides?
In Wealthy and Wise, everything is listed after tax, and the user needs to enter the tax rate. Is there a way to make the system calculate taxes based upon the inputs we have made? Read more about In Wealthy and Wise, everything is listed after tax, and the user needs to enter the tax rate. Is there a way to make the system calculate taxes based upon the inputs we have made?
Could InsMark develop a calculator that could be used for trustees of credit bypass trusts as well as other funded trusts? The calculator would compare (1) the present value of the invested assets at whatever real of return the trustee feels appropriate r Read more about Could InsMark develop a calculator that could be used for trustees of credit bypass trusts as well as other funded trusts? The calculator would compare (1) the present value of the invested assets at whatever real of return the trustee feels appropriate r
In Wealthy and Wise, current employment income does not have a field. Do I need to enter this as a custom income item? Read more about In Wealthy and Wise, current employment income does not have a field. Do I need to enter this as a custom income item?
If the sponsoring employer of a loan regime split dollar begins using a gross up bonus method to provide for the interest payment each year and later determines it does not wish to continue with the bonus payments in subsequent years, is there any reason Read more about If the sponsoring employer of a loan regime split dollar begins using a gross up bonus method to provide for the interest payment each year and later determines it does not wish to continue with the bonus payments in subsequent years, is there any reason
