Main Libraries

Federal Income Taxation

Sources of the FEDERAL TAX Law, Federal Income Tax: General Law, The Internal Revenue Code, Revenue Rulings and Other IRS Materials...

Life Insurance

Selected Laws Affecting Insurance, Federal Income Taxation of Life Insurance & Annuities: Personal, Community Property Rights in Life Insurance...

Annuities

Taxation of Life Insurance, 1035 Exchanges, Gain or Loss on Surrender or Sale, Transfer For Value Rule, UL and VUL, Taxation of Annuities...

Split Dollar Insurance

A form of executive compensation that has been popular for many years is “split dollar” insurance...

Group Life and Health Insurance

Goverment Non-tax requirements, Taxation, Group Survivors’ income benefit insurance, Welfare benefit funds, Health Reimbursement Arrangements...

Stocks and Other Investments

Introduction: Taxation of Investments, Introduction to Stocks, Dividends, Stripped Preferred Stock, Other Investment Vehicles...

Bonds

Introduction to Bonds, Treasury and Corporate Notes and Bonds, Convertible Bonds, Stripped Bonds and Coupons, Zero Coupon Bonds and Original Issue Discount...

Real Estate

Joint Tenancy and Tenancy in Common, Tenancy by the Entirety, Community Property, UNIFORM MARITAL PROPERTY ACT,Overview of Real Estate Investments...

Employee Benefits

Benefits Today, The Compensation Package, Cafeteria Plans, Fringe Benefits, Educational Assistance Programs, Educational Assistance Programs...

Executive Compensation

Effective Executive Comopensation, Property Transferred as Compensation, Golden Parachutes,Below Market Loans: Compensation-related...

Pension and Profit Sharing

Introduction, Types of Qualified Plans, Qualification Rules, Funding & Deductions, Plan Design, Fiduciaries and Plan Investments, Plan Termination...

Deferred Compensation - Taxation

Goverment Non-Tax Requirements, Tax Aspects, Death Benefit Only Deferred Compensation, Planning a Deferred Compensation Agreement...

Individual Retirement

Introduction, Erisa Provisions, Plan Requirements, Income Taxation,ROTH IRAs, EDUCATION IRAs...

Federal Estate Tax

Federal Estate Tax – General, Life Insurance/Health Insurance/Annuities: Personal Insurance, The Federal Estate Tax Deductions and Credits...

Estate Planning

Planning Techniques, Lifetime Giving, Wills & Trusts, Intestacy, Uses of Life Insurance, Gifts to Minors, Charitable Giving, Community Property...

Business Entities

Proprietorships, Partnerships, LLCs & Corporations, Buy-Sell Agreements, Partnership & Corporate Taxation, Family Limited Partnerships...

Gift and GST Taxes

The Federal Estate & Gift Tax, The Generation Skipping Tax, GST-Exempt ILITs, State Death Taxes...

Lifetime Gifts

Gifts to Minors, Charitable Giving, Crummey Powers, Gifts of Life Insurance...

Qualified Retirement Plans

Defined Contribution and Defined Benefit Plans, Profit Sharing and 401(k) Plans, ESOPs, Qualification Requirements, Tax Rules...

Investment Planning

Types of Investment Vehicles, Taxation of Investments, Investment Strategies...

Financial Planning

Financial Planning Concepts, Financial Planning for Special Circumstances...

AUS Special Reports

Topics of special interest to financial advisors.

State Law Digests

Covering Wills, Trusts, Intestacy, Insurable Interest,Insurance Exemption Laws..

Case Studies

How Would You Advise?

Tables and Inflation Adjusted Amounts

Tax COLAs, Qualified Plans, IRAs, 7520 rate

Specimen Forms

Various Planning Scenerios...

View All Main Libraries

A complete listing of all Main Libraries.

Topical Index

Index of General Subject Areas.

Advisor's Journal

Private Placement Variable Annuities: The Luxury Retirement Vehicle of the Future
By Robert Bloink, Esq. and William H. Byrnes, Esq.
Traditional tax-preferred planning vehicles can create undesirable limits for ultra-wealthy clients, who have more cash to spare and require high performing investment vehicles.
Linked vs. Built-in Living Benefits: Fixing the Health Coverage Gap
By Robert Bloink, Esq. and William H. Byrnes, Esq.
New developments in the health insurance market mean that many clients may need these policies more than ever today.
Final Longevity Annuity Regulations Clear Path for Future Growth
By Robert Bloink, Esq. and William H. Byrnes, Esq.
The Treasury Department recently issued final regulations governing qualified longevity annuity contracts that are likely to cause sparks to fly in the annuity industry in the coming years.
DIAs: More Than Just Longevity Insurance
By Robert Bloink, Esq. and William H. Byrnes, Esq.
In the ongoing hunt for stable, pension-like retirement income sources, deferred income annuities are heating up as an increasing number of insurance carriers have begun to offer the products.
Qualifying 401(k) Dollars for Stretch IRA Treatment
By Prof. Robert Bloink and Prof. William H. Byrnes
One of the most powerful estate planning vehicles today is actually hiding in your clients’ IRAs.
Pitching the Perfect Product: Indexed Annuities Meet GLWBs
By Prof. Robert Bloink and Prof. William H. Byrnes
While finding the most suitable products to meet a client’s retirement income goals is fundamental to developing an appropriate retirement planning strategy, discovering the most desirable mixture of product features can prove equally critical.
HSAs: An Unconventional Retirement Income Planning Tool
By Robert Bloink, Esq. and William H. Byrnes, Esq.
The health savings account, which, though traditionally intended to function as a savings account earmarked for medical expenses, can actually function as a powerful retirement income planning vehicle for clients looking to supplement their retirement savings.
Annuities + LTC: Does the Rider Fit?
By by Robert Bloink, Esq. and William H. Byrnes, Esq.
Protection against future long-term care expenses is important for all clients and, for the right client, combining long-term care insurance with an annuity product can make all the difference between comfort and anxiety late in life.
401(k) vs. IRA: The Real Roth Conversion Question
By Robert Bloink, Esq. and William H. Byrnes Esq.
For some clients, moving traditional retirement funds into a Roth account may seem like a no-brainer, but once the decision to convert is made, choosing whether to use a Roth IRA or Roth 401(k) can have potentially significant repercussions.

Practice Aids

Buy Sell Agreements
Stock Redemption and Cross Purchase Agreements, Family Attribution, Business Succession Planning...
Estate Planning
Wills, Trusts, Joint Tenancy, Tenancy in Common, POD accounts, Custodial Accounts, Intestate Succession...
Business Life Insurance
Key Person Insurance, Executive Bonus, Deferred Compensation, Rabbi Trusts, Secular Trusts, Split-Dollar, ...
Retirement Planning
IRAs, SEPs, 401(k)s, Qualified Retirement Plans, ESOPs, Rollovers, Life Insurance in Qualified Plans...
Financial Planning
Disability Income Insurance, Long Term Care Insurance, Health Insurance, 529 Plans, Taxation of Investments...
Employee Benefits
Group Term Life Insurance, COBRA, Cafeteria Plans, Flexible Spending Accounts, Health Savings Account...

Selected Highlights

Estate shrinkage is closely related to estate liquidity—or lack of liquidity. A certain amount of liquidity is needed to meet estate settlement costs that cause the shrinkage.
Under common law minors cannot own property in their own names. This does not mean that a minor cannot inherit an IRA or be designated as the beneficiary of an IRA; it means that their are special considerations.
Powers of appointment are a valuable tool in estate plans, because they allow for future flexibility in the ultimate disposition of the donors property which is placed in a trust.
For wealthier and more sophisticated investors 529 Plans may not be the best option to financially prepare for college.
A substantial portion of the wealth possessed by Americans today consists of IRAs, 401(k)s and 403(b)s. This article covers all the distribution rules and all aspects of trusts as beneficiaries of tax deferred retirement accounts including sample forms.
Certain high income clients who have not previously made deductible IRA contributions ought consider opening a traditional IRA this year and contributing the largest allowable nondeductible contribution they can manage.
The will approach is based upon one of two major assumptions. At the time of the interview, either the prospect has a will or doesn`t - there`s no middle ground.
Significant tax advantages can be achieved by widows and widowers who are beneficiaries of credit shelter trusts (established upon the deaths of their respective spouses), through the purchase...

Tax Facts

"FEDERAL ESTATE TAX, GIFT TAX, GENERATION-SKIPPING TRANSFER TAX, AND VALUATION"

Estate Tax, Generation-Skipping Transfer Tax, Gift Tax, Valuation

"MUTUAL FUNDS, UNIT TRUSTS, REITS"

Exchange-Traded Funds (ETFs), Hedge Funds, Mutual Funds, Real Estate Investment Trusts (REITs), Unit Trusts

ANNUITIES

Amounts Not Received as an Annuity, Amounts Received as an Annuity: Fixed Annuities, Annuity Rules: Variable Annuities, Charitable Gift Annuity, Death, Disposition, Divorce, Estate Tax, Gifts and Charitable Gifts, In General, Loss, Private Annuity, Structured Settlements, Taxation, Withholding

BONDS

Bond Premium, Corporate Bonds, Inflation-Indexed Bonds, Market Discount, Municipal Bonds, Original Issue Discount, Other Issues Affecting Bonds, Short-Term Taxable Obligations (Maturities One Year or Less), Treasury Bonds and Notes

BUSINESS LIFE INSURANCE

Accumulated Earnings Tax, Alternative Minimum Tax, Death Proceeds of Business Life Insurance, Estate Tax Issues, Gift Tax Issues, Premiums, S Corporations, Sale or Liquidation of Partnership Interest, Stock Purchase Agreement, Transfer of Policy

CAFETERIA PLANS

CAPTIVE INSURANCE

CATTLE

CHARITABLE GIFTS

COMPENSATION

DEDUCTION OF INTEREST AND EXPENSES

DEFERRED COMPENSATION

Funded Deferred Compensation (Annuities and Trusts), Unfunded Deferred Compensation

DEPENDENT CARE ASSISTANCE PROGRAMS

DISCLOSURE REQUIREMENTS

New Disclosure Regulations for Retirement Plan Service Providers

EDUCATIONAL BENEFIT TRUSTS

EMPLOYEE DEATH BENEFITS

EQUIPMENT LEASING

FEDERAL INCOME TAXATION

Corporations And Other Business Entities, General Rules

FINANCIAL INSTITUTIONS

FRONT MATTER

Abbreviations, About Summit Business Media, About the Editors, Introduction

FUTURES

GROUP TERM LIFE INSURANCE

Death Benefits, Group Permanent Insurance, Group Survivor Income Benefit, Group Term Life Insurance, Retired Lives Reserves

HEALTH INSURANCE

Employer-Provided Health Insurance, Health and Medical Savings Accounts, Health Insurance And The Estate Tax, Health Insurance And The Gift Tax, The New Health Care Reform Law

INDIVIDUAL RETIREMENT PLANS

Distributions, Early Distributions, Eligibility, Employer-Sponsored IRAs, Estate Tax Issues, Filing Requirements, In General, Required Minimum Distributions, Simple IRA, Simplified Employee Pension (SEP)

INTELLECTUAL PROPERTY

INTERNATIONAL TAX

LIFE INSURANCE

Cash Value Increases, Collection of Delinquent Income Taxes from Life Insurance, Creditor Insurance, Death Proceeds, Demutualization, Disability Provisions Under Life Policies, Divorce, Gift Tax Issues, Gifts and Charitable Gifts, Government Life Insurance, Life Insurance Trusts, Life Insurance: Estate Tax Issues, Living Proceeds, Policies Insuring More Than One Life, Premiums, Single Premium Whole Life Insurance Policy, Taxation Of Distribution of Life Insurance Contract, Value of Unmatured Policy

LIMITATION ON LOSS DEDUCTIONS

LIMITED PARTNERSHIPS

LONG-TERM CARE INSURANCE

In General, Non-Qualified Long-Term Care Insurance Contract, Premiums, Reporting Requirements, Taxation of Benefits

OIL AND GAS

OPTIONS

OTHER

Insurance & Employee Benefits, Investments

PENSION AND PROFIT SHARING

Employer Deduction, Plan Types And Features, Qualification, Qualified Plans And The Estate Tax, Taxation of Distributions

PRECIOUS METALS AND COLLECTIBLES

REAL ESTATE

REVERSE MORTGAGE

ROLLOVER

S CORPORATIONS

SPLIT DOLLAR PLAN

STOCKS

Dividends, Sale or Exchange, Stock Options, Stock Warrants, Worthless Securities

STRADDLES AND OTHER TRANSACTIONS

TAX-SHELTERED ANNUITIES FOR EMPLOYEES OF SECTION 501(c)(3) ORGANIZATIONS AND PUBLIC SCHOOLS

Amounts Received Under the Plan, Changing Issuers, Contract Requirements, Contributions, Distributions, Excise Taxes, Plan Termination, Social Security and Withholding Taxes

WELFARE BENEFIT FUNDS