Utilizing Life Insurance for Advanced Estate Planning

Tax and Estate Knowledge Circle host Scott Bishop, MBA, CPA/PFS, CFP® will be having an open conversation with Dan DiLella, Managing partner of the Houston office of Hotaling insurance about advanced life insurance strategies for clients given the current or future changes in the “Build Back Better” tax policy and estate planning solutions.  Given the potential changes, life insurance will be a more important estate planning tool going forward.  This session will make sure that you understand both the changes in the policy types being used out there and also discuss best practices when using life insurance as part of a client’s financial and estate plan.  The session will answer questions like:

• What are the main reasons clients have procured life insurance in the past year?
• What have been the biggest changes in the life insurance industry over the past few years?
• What are the mistakes seen in the design, implementation and servicing of life insurance?
• How often should you as an advisor review a clients plans and their insurance portfolio supporting their plan?
• What are some of the reasons high- and ultra high-net worth individuals “need” insurance?
• What are the top 2-3 strategies we used in 2021?