Life insurance can provide that assurance, and it makes a practical gift for your children or grandchildren. While purchasing life insurance can conjure some sad feelings among us, doing so is an ...

Few charities promote insurance gifts, and most of them focus only on the transfer of existing life insurance policies, said E. John McKee, director of gift planning at the University of Maryland at a ...

If the law in the state of the donor’s domicile does not recognize that a charity has an insurable interest in the life of the donor, a charitable deduction may not be allowed for a gift of a newly ...

In this season of giving, consider life insurance as a lasting gift. It ensures financial stability for your loved ones, ...

In what appears to be a case of first impression, on April 13, 2016, the Tax Court ruled for the taxpayer in Morrissette v. Commissioner (146 T.C. No.11). At issue was the question of whether a ...

Few charities promote insurance gifts, and most of them focus only on the transfer of existing life-insurance policies, a speaker told the audience at the annual conference of the National Committee ...