So-called “advanced” life insurance planning is focused largely, but not exclusively, on providing estate tax-free liquidity at the lowest possible income, gift and generation-skipping transfer (GST) tax cost. To achieve that objective, planners and life insurance professionals typically use a menagerie of what I call “multi-factor dependent planning techniques.” Split dollar is the shiniest object in that menagerie, but it has company. While the particular elements of these techniques differ
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