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Using Private Placement Life Insurance Policies as a Tax Minimization and Wealth Transfer Strategy

High net worth families constantly evaluate mechanisms for growing and transferring wealth in a tax-efficient manner. With increasing state and federal individual income tax rates, enacted and anticipated legislative tax...more

Switzerland Insurance Companies Admit to Conspiring With U.S. Taxpayers, Hiding Assets In Deferred Prosecution Agreement

In May, the U.S. Attorneys’ Office for the Southern District of New York announced that it had reached a deferred prosecution agreement (the Agreement) with Swiss Life Holding AG (Swiss Life), Swiss Life (Liechtenstein) AG,...more

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