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ARTICLE · 03 DECEMBER 2009

Private Placement Life Insurance Planning

Giordani, Swanger, Ripp & Phillips, LLP
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This article will examine two strategies that fall outside the bounds of a traditional estate planning framework, although they are well within the "big picture" that clients wish their estate planners to address; and in many ways, these two strategies go hand-in-hand.

United StatesTax

Article by Leslie C. Giordani , Michael H. Ripp and Amy P. Jetel

A. Introduction: "Big Picture" Estate and Tax Planning

This article will examine two strategies that fall outside the bounds of a traditional estate planning framework, although they are well within the "big picture" that clients wish their estate planners to address; and in many ways, these two strategies go hand-in-hand. The first is private placement variable universal life insurance ("PPVUL"), an investment-oriented strategy that can dramatically improve the tax efficiency of a client's investment portfolio. The second is hedge fund investing, an investment strategy that has rapidly gained popularity among taxable investors in today's equity market environment due to its ability to deliver superior risk-adjusted returns in both bull and bear markets.

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