Membership Luncheon | Goldenzweig Memorial Lecture | At the Intersection of Wealth Transfer Planning and Life Insurance: Navigating New and Existing Life Insurance Plans with Looming Tax Changes on the Horizon
Program Description and Benefits:
This presentation will provide insights into current and future wealth transfer planning opportunities with life insurance, including Private Placement Life Insurance and Split Dollar. We will discuss how life insurance can play a key role in a client's overall investment portfolio/business/balance sheet and ways to properly analyze, implement and/or refine various life insurance planning strategies. For existing life insurance plans, we will review how to evaluate a plan's performance, the potential hurdles and the steps that should be considered if a plan or policy is underperforming. The discussion will conclude with a review of the importance for high net worth families and closely held business owners of maintaining life insurance in light of potentially lower estate/gift tax exemptions and higher marginal tax rates.
The William M. Goldenzweig Memorial Lecture was established in 1980 in memory of William M. Goldenzweig, CLU®, who died in a plane crash during his precidency of the Council in 1979. The annual lecture focuses on an estate planning topic of particular relevance to the life insurance industry. Join us for the newly formatted luncheon event.
Speaker Biography:
Todd Steinberg, Esq., is the Trusts and Estates Practice Leader in the Washington, D.C. office of Loeb & Loeb. Todd focuses his practice on helping high net worth individuals and families navigate complex and sophisticated estate and income tax planning matters. He assists clients with multi-generational wealth preservation and accumulation, as well as probate and trust administration, and charitable planned giving. Todd has substantial experience in complex, post-death estate and trust administration, as well as fiduciary litigation matters. He has represented clients in IRS estate and gift tax examinations, IRS appeals and related state and federal tax controversy matters. Todd also implements business succession and transition planning for privately held companies, business owners and entrepreneurs, helping them reach financial goals for their companies and build and preserve their personal net worth. He has a particular depth of experience in planning with life insurance products and regularly provides counsel to allied professionals in the insurance industry.
Logistics:
- Fees: No cost for active members; $55 for guests and emeritus members
- Closest Metro: Metro Center
- Parking is available in the building for a fee.
- Registration and lunch buffet begin at 12:00 pm and the program begins at 12:20 pm.
- Guests are warmly welcome when accompanying a member host.
- A no show fee will be assessed to members who register but do not attend without prior cancelation.
