International Life Insurance

Life insurance is a unique planning tool, enjoying extensive tax, investment, probate and political advantages in most countries of the world. Probably no other financial instrument provides so many benefits. If you operate in the international tax-planning arena, it is necessary to understand the financial benefits life insurance has to offer. This volume assembles a group of authorities on international life insurance to set out the key issues in this fast-changing area of international planning - and show how to profit from the financial benefits it offers. In 24 chapters, "International Life Insurance" analyzes the central issue facing practitioners, advisers and clients alike, including: definitions of life insurance by country; death tax treatment by country; premium taxes by country; investor control issues; regulatory issues; private placement insurance; major international insurance domiciles; income tax treatment by country; wealth tax treatment by country; creditor protection benefits; diversification issues; anti money-laundering; the role of trusts with insurance; and how life insurance can be used to meet client needs.