Steven Felsenthal quoted in LifeHealthPro article about $201M life insurance policy
Steven Felsenthal was quoted in an article published by LifeHealthPro on March 19, 2014 entitled, "Largest Life Insurance Policy Bought at $201M." The article, focusing on the recent purchase of the largest life insurance policy ever procured, highlighted Felsenthal's considerable knowledge of tax law and succession planning. Emphasizing the importance of careful tax planning for anyone purchasing life insurance, Felsenthal remarked, "There are techniques that can even avoid taxability of the premiums in the trust creator's estate, such as borrowing or split-dollar arrangements. This planning can be done, even more efficiently, for people who buy insurance policies with far fewer zeros, who have substantial estates but not mega estates."