International Financial Law Prof Blog

Editor: William Byrnes
Texas A&M University
School of Law

Saturday, June 2, 2018

Invest in Hedgefunds through Private Placement Life Insurance to Avoid Paying Taxes Forever, Blackstone Tells UHNW Clients

read the Private Wealth Magazine article here:  With the increased popularity, life insurers have slashed the fees they charge for wealthy clients. A typical cost is now as low as 0.7 percent per year, cut by more than half since the early 2000s, Pauloski said.

The structures effectively lock up your assets, an inconvenient option if you need ready access to your fortune. But there’s still a way to tap the money while alive. You can take loans against the investment’s cash value, tax-free.

Read Bloomberg article here.

https://lawprofessors.typepad.com/intfinlaw/2018/06/invest-in-hedgefunds-through-private-placement-life-insurance-to-avoid-paying-taxes-forever-blacksto.html

Tax Compliance | Permalink

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