Webinar Topic: Life Insurance and US/UK Tax Planning

Presenters: Michael Lewis, Director at Frank Hirth & Grayson Dufrene, Managing Director at Vie International Financial Services LTD

How insurance can form an integral part of an individual’s US/UK tax planning arrangements. COVID-19 has focussed people’s minds on mortality risks and there is no better time to ensure you have the necessary and appropriate cover.

Michael Lewis and Grayson Dufrene will be discussing:

• Term life insurance versus permanent life insurance
• Practical uses of life insurance - family planning, business planning and estate/inheritance tax planning
• Cash value policies versus non-cash value policies for UK residents
• Taxation of cash value policies for UK residents 
• Ownership of life insurance and the tax implications 
• Tax consequences for Americans taking out UK life insurance written in a UK trust?