Channing T. Schmidt, J.D., CFP
About the Author
Channing T. Schmidt, J.D., CFP
Channing T. Schmidt, J.D., CFP, is advanced marketing counsel at Minnesota Life and Securian Financial Group in Saint Paul, Minn., where he provides expertise in advanced marketing case design for estate and business succession planning. The views and opinions expressed in this article are those of the author alone and not necessarily representative of the views of Securian Financial Group Inc.
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By Channing T. Schmidt, J.D., CFP |
August 1, 2012
An irrevocable life insurance trust (ILIT) is a common estate planning technique created to own life insurance outside an estate in an irrevocable trust. However, with the ever changing nature of federal estate taxes, some married clients desire a more flexible estate planning solution. One option is an accumulation spousal...
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By Channing T. Schmidt, J.D., CFP |
July 31, 2012
An accumulation spousal limited access trust offers Gen Xers the tax advantages of an irrevocable trust along with the added benefit of more options.