Description
Private Placement Life Insurance (PPLI) is a new tool increasingly used by advisers of high-net-worth individuals. This compilation of expert views is the first authoritative reference and guidebook on this powerful vehicle, explaining the roles of the multiple professional specialties involved. PPLI enables tax-free growth of potentially high-performing alternative investments, such as hedge funds and private equity, inside a privately negotiated insurance contract. It preserves wealth because insurance death benefits generally are exempt from estate taxes and creditors. PPLI has applications in tax management, asset protection, charitable giving, estate planning, trust administration and executive benefits
