March 20, 2025 – RRD Senior Counsel Joel S. Luber will attend The Recent Increase in Popularity of Private Placement Life Insurance as a Wealth Transfer Tool, a informative learning program presented by the Philadelphia Estate Planning Council.

Due to a 2021 Act signed into law by President Trump that changed the IRC definition of life insurance, the effectiveness of life insurance policies utilized for income tax-free accumulation was vastly increased. As a result, one such type of policy only available to individuals who are accredited investors and qualified purchasers, private placement life insurance (PPLI), has increased in popularity for applications involving tax-efficient wealth transfer planning.

This presentation will examine the causes behind PPLI’s increase in use, the product’s structure and tax benefits, client suitability, statutory rules for use and the underlying investment options. A case study will detail the use of PPLI for income tax-free wealth transfer over multiple generations.

For more information, click here.