Corporate-Owned Life Insurance: Where Are We Now?

17.4.02
Leonard Glass

The use of life insurance has been for many years a popular way to overcome the burden associated with the deemed disposition occurring immediately prior to death. This is particularly so in the context of an individual owning shares of a corporation of which he/she is the principal manager. This paper will discuss some of the options that are available for planning for the death of the shareholder under the current rules.