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Follow a checklist to help decide what to do with estate life insurance

October 20, 2014

Before recent changes in estate laws, it was common for attorneys, financial planners and insurance agents to recommend purchasing life insurance — commonly called survivorship life — in an irrevocable trust designed to provide liquidity at the death of yourself and your spouse. That was then. This is now.

Today, more taxpayers, i.e., those with combined estates less than $10,600,000, no longer have to worry about the big slice of taxes on your accumulated assets when you and your spouse pass away. The question is then — why keep the life insurance you bought for that purpose if the need has vanished?

Industry News

FDA approves new labeling for extended-release Embeda

October 20, 2014
The FDA has approved new labeling for an extended-release pain relief combination of morphine sulfate and naltrexone hydrochloride that includes information on potential…
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Open Payments search tool released

October 20, 2014
CMS announced it has added a simple search tool to its Open Payments website, which now includes more detailed information.Users can search the database in three ways…
In the Journals

Cardiometabolic risk factors increased in patients with schizophrenia spectrum disorders

October 17, 2014
Patients with first-episode schizophrenia spectrum disorders exhibited increased cardiometabolic risk factors and abnormalities that are potentially attributable to the…
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Psychopharmacology

Suvorexant: A Novel Therapy for the Treatment of Insomnia

Journal of Psychosocial Nursing and Mental Health Services, October 2014, Volume 52 Issue 10
Suvorexant is a pharmacologically novel dual antagonist of orexin receptors OX1R and OX2R, which has an effect that…
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CME
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Is There a Changing Paradigm in the Management of Bipolar Depression? An Evidence-based Approach to Help Define Treatment Options

This activity is supported by an educational grant from Sunovion Pharmaceuticals, Inc.

Signs and symptoms of bipolar disorder are diverse and include, but are not limited to, impulsive behavior…
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Meeting News Coverage Video
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Experts debate PANDAS diagnosis in children

September 18, 2014
WASHINGTON, D.C. — Margaret K. Hostetter, MD, the B. K. Rachford professor and chair of department of…
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