Making Outright Gifts

The new JH Solutions Leveraged Asset Transfer module illustrates the significant benefits of making use of the higher lifetime gift tax exemption ($5M) provided for under the 2010 Tax Act. This module illustrates the power of making outright gifts of an income producing asset to an irrevocable life insurance trust (ILIT), including the benefit of shifting both the value of the asset and its appreciation out of the grantor’s taxable estate, protecting the asset from the reach of creditors, sheltering the asset from the probate process and managing a beneficiary’s access to distributions.   This timely module effectively demonstrates how the gifted asset’s income can be leveraged with life insurance to potentially increase the amount remaining for heirs.

Click on the following to see the Asset Transfer presentation from our new JH Solutions module, as well as our Stepping forward Two Years at A Time flyer on the topic:

Leveraged Asset Transfer

Stepping Forward Gifting & Selling Assets