Wealth Planning

THE FMV OF LIFE INSURANCE CONTRACTS

The Internal Revenue Service issued Revenue Procedure 2005-25 on April 8, providing additional guidance on determining the fair market value (FMV) of a life insurance contract distributed by a qualified plan or an employer. We have this report from Richard L. Harris, president of BPN Montaigne LLC in Clifton, N.J. and Charles L. Ratner, national director of Personal Insurance Counseling at Ernst &

Rorie M. Sherman | May 01, 2005

Resources

The Internal Revenue Service issued Revenue Procedure 2005-25 on April 8, providing additional guidance on determining the fair market value (FMV) of a life insurance contract distributed by a qualified plan or an employer. We have this report from Richard L. Harris, president of BPN Montaigne LLC in Clifton, N.J. and Charles L. Ratner, national director of Personal Insurance Counseling at Ernst & Young in Cleveland:

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

Subscribe

TAGS: Wealth Planning Archive

Hide comments