Posts Tagged ‘The Risk of Life Insurance’

The Goodman Triangle

May 18th, 2011 No comments

I regularly get asked about the “Insurance Triangle”, what it is and how it plays into things.  This is a reference to the “Goodman Triangle” Goodman V. Commissioner, 156 F.2d 218

In this case Mrs. Goodman transferred five existing policies insuring her husband’s life to a Revocable life insurance trust.  Beneficiaries of the trust were her three children and her sister-in-law.  About a decade later her husband died and the trust became irrevocable.
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Bill Boersma in the Washington Post!

March 4th, 2009 2 comments
Last month I wrote a commentary about a piece I heard on NPR when Robert Siegel spoke with Washington Post staff writer David Hilzenrath regarding life insurance companies and the risks facing them in this economic climate. Read more…