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 THEInsuranceAdvisor.COM
Unlocking the Black Box... |
| Volume 10 Issue 16 | April 2010 |
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Featured Speaker
THEInsuranceAdvisor.COM was most recently asked to speak at TOLI Expert Panel, Plan Giving Council and MDRT Annual Meeting. If you would like to also hear THEInsuranceAdvisor.COM speak about the guidance that the Cochran v. Keybank case provides, the "prudent process" endorsed by the NYBA, or generally about life insurance pricing, performance, suitability, transparency, management, standards of care and/or compensation disclosure, click here.
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New Case Law for Trust-Owned Life Insurance: What Every Trustee Should Know About Managing TOLI (But Has Been Afraid To Ask)
ABA Telephone Briefing
Tuesday, April 27th 2:00-3:30pm (EST)
Trust-owned life insurance (TOLI) often is the cornerstone of an estate plan and a critical fiduciary responsibility of the trustee. And, too often financial institutions face substantial risk because Irrevocable Life Insurance Trust (ILIT) trustees have not had guidance for how to the Courts will apply the Prudent Investor Act to TOLI. Now that we have new case law, you will be provided with guidelines to effectively manage TOLI, better serve ILIT clients (while potentially creating new fees/revenues) and protect your financial institution from potential problems down the road.
Click Here to register for an exclusive discount for this live, 90-minute telephone briefing that will examine the first court decision associated with TOLI. Lessons learned; best practices; and regulatory expectations will be discussed by a panel of UPIA experts who will take an in-depth look at this educational and provocative case study. They will provide critical and practical guidance for complying with regulatory expectations and guidance on assisting management with identifying new business opportunities. In addition, other sources of guidance such as Sections 2 and 7 of the Uniform Prudent Investors Act (UPIA) and Financial Institutions Regulatory Authority (FINRA) Rule IM-2210 will also be reviewed. Additionally, the panel will cover CIP, customer due diligence and enhanced due diligence as well as ongoing monitoring and training issues.
This program will provide you with information on:
- Why are Section 2 and 7 of the UPIA important and how to comply?
- What does FINRA Rule IM-2210 have to do with TOLI management?
- How to position yourself as a trusted advisor?
- What is the difference between TOLI monitoring services and TOLI investigation services and do you need one or both?
- How to take the mystery out of complex policy pricing and design?
Speakers:
Steven S. Zeiger, President, X-Ray Your Life Insurance Services, New York, NY
Barry D. Flagg, CFP, CLU, ChFC, President, THEInsuranceAdvisor.COM, Inc., Tampa, FL
Moderator:
Maryann Johnson, Senior Vice President, Wealth and Trust Market, American Bankers Association, Washington, DC |
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1 Complimentary
CPE Report with the Referral of a New Subscriber |
1 Complimentary CPE Report with Referral of New Subscriber Forward this e-news to colleagues and friends with a CC: to info@theinsuranceadvisor.com and you will receive a complimentary CPE Research Report (Limit 1 Per Consumer), a $500 value, and more information about the pricing, performance and suitability of a given life insurance product than by any other means. | | Offer Expires: May 22, 2010 |
THEInsuranceAdvisor.COM, Inc. (TIA). All rights reserved. 1301 West Fletcher Ave., Tampa, FL33612. TIA is a provider of insurance product research, and does not sell or otherwise distribute any financial products, and does not endorse any broker/dealer, financial planner, registered representative, insurance professional, insurance product, or insurance company, including any that may be mentioned herein. The information, data, analysis and opinions contained herein include the confidential, proprietary, patented (U.S. Patent #6,456,979) and/or copyrighted (Insurance BankingŪ is a registered trademark of THEInsuranceAdvisor.COM Holdings, Inc) material of TIA and may not be copied or redistributed.
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