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The Use of Life Insurance in Estate Planning

Topic

Estate Planning

Program ID

332865

Hours

24.5

Format

Self-Study / Other

Complexity

Advanced

Description

The primary objective of this course is to provide learners with a comprehensive understanding of the strategic role life insurance plays in estate planning. The course equips participants with the knowledge and practical skills required to design, implement, and optimize insurance-based solutions for diverse estate planning needs. By the end of the course, learners will be able to navigate complex legal, financial, and tax considerations, while tailoring insurance strategies to meet specific goals, such as wealth preservation, tax minimization, family legacy planning, and business succession.

Learning Objectives

Chapter 1: Introduction to Insurance in Estate Planning Chapter 2: The Basics of Life Insurance Chapter 3: Legal and Regulatory Framework Chapter 4: Insurance for Estate Liquidity Chapter 5: Using Insurance for Estate Equalization Chapter 6: Gifting Strategies with Insurance Chapter 7: Irrevocable Life Insurance Trusts (ILITs) Chapter 8: Insurance and Business Succession Planning Chapter 9: Estate Tax Planning with Insurance Chapter 10: Long-Term Care Insurance in Estate Planning Chapter 11: Disability Insurance in Estate Plans Chapter 12: Insurance and Charitable Giving Chapter 13: Insurance for Minor Beneficiaries Chapter 14: Special Needs Planning with Insurance Chapter 15: Asset Protection Through Insurance Chapter 16: Policy Review and Maintenance Chapter 17: Advanced Insurance Planning Techniques Chapter 18: International Estate Planning and Insurance Chapter 19: Ethical Considerations and Pitfalls Chapter 20: Future Trends in Insurance and Estate Planning