Life Insurance Owned by a Third Party: Estate Planning Considering Income, Gift and Generation-Skipping Taxes

Pennell, Jeffrey N.

Abstract

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Life Insurance Owned by a Third Party: Estate Planning Considering Income, Gift and Generation-Skipping Taxes

Jeffrey N. Pennell

affiliation not provided to SSRN

January 17, 1980

Houston Law Review, Vol. 18, pp. 103-113, 1980

Abstract:
A primer on the application of estate tax §2042, income tax §101, and the 1976 version of the generation-skipping transfer tax, this article remains a useful compilation of the estate and income tax provisions that can apply when a third party (not the insured) owns a policy of insurance on the life of another individual.

Number of Pages in PDF File: 31

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Date posted: March 21, 2012 ; Last revised: June 4, 2012

Suggested Citation

Pennell, Jeffrey N., Life Insurance Owned by a Third Party: Estate Planning Considering Income, Gift and Generation-Skipping Taxes (January 17, 1980). Houston Law Review, Vol. 18, pp. 103-113, 1980. Available at SSRN: http://ssrn.com/abstract=1953468

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Jeffrey N. Pennell (Contact Author)

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