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Did you know that the current low-interest rate environment has created a unique opportunity to benefit from the split-dollar use of life insurance? See the article below from JD Supra.
"Used Car Sales Way Up – Defy Dire Expectations, Says Carvana CEO"
* To some degree, it is pulling from new car sales because used cars are a little less expensive. To some extent, there is a push away from new car sales because production has slowed down and incentives are being pulled back as a result. That is likely to continue for the immediately foreseeable future. There is both a pull toward used and a push away from new as well.
"Families Turn to Homeschooling as the Education Establishment Fumbles Its Pandemic Response"
*Splitting the difference between family-based education and institutional schooling is a growing movement of home- and community-based microschools that deliver lessons to small groups of kids. That allows parents who need to work to pool their resources while ensuring adult supervision. For a monthly fee (or free in Arizona), Prenda offers its curriculum for use by both microschools and by families for their own children.
All of this experimentation has the establishment worried. Harvard Law's Elizabeth Bartholet infamously calls for "a presumptive ban" on homeschooling because of the supposed danger it represents to children and society.
That prohibitionist impulse comes a little late. Traditional schools right now are fumbling the response to a crisis and convincing much of the public that they are dangerous to children and society. Families fleeing from those schools in search of alternatives are going to prove a tough audience for arguments that kids should be trapped in poorly managed classrooms that aren't up to the latest challenge.
"'Fauci is not 100% right': Top HHS official pushes back on infectious disease expert's recommendations"
* "I respect Dr. Fauci a lot, but Dr. Fauci is not 100% right, and he also doesn't necessarily, he admits that, have the whole national interest in mind," Giroir said Sunday on NBC's Meet the Press. "He looks at it at a very narrow public health point of view."
"THE WONDER YEARS - Rediscovering the Magic of Split Dollar Life Insurance"
* The planning opportunities under prior split dollar regulation may have represented the “Wonder Years” inlife insurance and tax planning for financial advisors. Equity split dollar represented the best of life insurance planning. Under the tax doctrine that all good tax benefits must come to an end or at least be significantly changed, the final split dollar regulations changed the rules of the game. Life insurance agents moved on without strong consideration of the benefits of split dollar under the final regulations. The current low interest environment creates a unique planning opportunity for loan method split dollar. One of the lessons in life and tax planning is that we are blessed with wonder and opportunity in every circumstance.
Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here