Dumont & Watson, P.C. Legal Blog

Uses of Irrevocable Life Insurance Trusts

On Behalf of Dumont & Watson, P.C. | May 11, 2023 | Estate Planning

Uses of Irrevocable Life Insurance Trusts Ordinary life insurance is often used by those with smaller estates to provide a legacy, or to infuse capital into the estate to pay for necessary expenses. It can also be used as a vehicle to fund a business buy-sell...

Unrelated Business Income

On Behalf of Dumont & Watson, P.C. | May 11, 2023 | Business

Unrelated Business Income One of the concerns of religious and secular charities is whether the profit obtained from a commercial venture constitutes too great a percentage of its revenues. The income from a commercial venture is designated as “Unrelated Business...

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Uses of Irrevocable Life Insurance Trusts

Unrelated Business Income

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