Date: Fri, 16 Nov 2007 09:56:58 -0600
From: "Cal" 
Subject: Re: Life insurance ownership
Newsgroups: misc.invest.financial-plan
FromStump: yes
	iQBVAwUARz29yvl/I4+O31e5AQGcwgIAyquQz4MzoB/YWeBKvIs8KORlwwP2mFkA
	5vXo2aV5wFnc+/JmpTXpvt8XOyP2awpl3FcbHJubujrudsxuFZC8sQ==
	=ODfr
Bytes: 3188


 wrote in message 
news:8a92dd1b-f612-4207-9f1e-fb874b1a90f0@l1g2000hsa.googlegroups.com...
>I probably will set up a trust but I still want to understand the law.
>
> So it seems it is incorrect to say that if a policy is owned by
> someone other than the insured that there is no concern of estate
> tax.  There is indeed still a concern, it is merely shifted from the
> insured's, to the new owners estate. Is this correct?
>
            YES