Life insurance has long been part of Estate Plans, whether used to ensure liquidity for the estate on the death of the insured or simply as income replacement on the death of the insured. Understanding the impact of life insurance on an estate plan has become critically important. A recent tax court case resulted in a big win for the taxpayer in a complex set of facts which could impact how you incorporate life insurance for your Estate Planning clients. Read on to learn more.
Girum (“Groom”) Tesfaye, provides extensive estate planning services to individuals and businesses in the DC Metropolitan area (the DMV). His primary focus is to help client’s avoid probate, protect their assets, and provide for the security of their loved ones with a well-crafted estate plan.
Girum’s background as a litigation attorney in state and federal courts gives him a unique set of skills when representing members of our diverse community in the DMV. Particularly, He has gained recognition for creative planning and execution of estate plans for non-residents with business interests in the U.S.
Girum’s background as a litigation attorney in state and federal courts gives him a unique set of skills when representing members of our diverse community in the DMV. Particularly, He has gained recognition for creative planning and execution of estate plans for non-residents with business interests in the U.S.
Latest posts by Girum Tesfaye (see all)
- The IRS’ Annual Warning: The 2023 Dirty Dozen - May 19, 2023
- How Tax and Non-Tax Considerations Impact Estate Planning – Part II - May 15, 2023
- How Tax and Non-Tax Considerations Impact Estate Planning – Part I - May 1, 2023
