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Co-authored by YCISG member Richard Harris, this second installment explains the abuses that led to the 2003 regulations and examines these regulations in some detail as they now form the foundation for split-dollar planning.

Co-authored by YCISG member Richard Harris, this is the first of a three-part series on split-dollar life insurance that lays the groundwork for understanding the available planning strategies by defining split-dollar arrangements and key terms, discussing the variables and parties that may be present, and examining the two main types of split-dollar arrangements.

YCISG member Richard Harris examines the methods used to build a valuation of an existing insurance policy, especially when it is advantageous to sell or gift the policy to an ILIT, and how dated regulations at that time created hurdles for pursuing such an option with high-valuation policies. This article appeared in the April 2011 edition of Trusts & Estates magazine.

YCISG member Richard Harris is quoted in this article about the involvement of three former Major League players and how one sold two on a variable life insurance policy with financed premiums that resulted in a lawsuit. This article appeared in the July 18, 2011 edition of a national magazine.

YCISG member Richard Harris co-authored this look at the then-legally permissible practice of using what they dubbed a “split-dollar legacy trust” (SDLT) head of expected changes in the law coming in 2013. This article appeared in the August 2012 edition of Trusts & Estates magazine.

YCISG member Richard Harris discusses how an ILIT, in combination with a GRAT and/or an IDGT, can use split-dollar lending to create a whole that can be made greater than the sum of the parts. This article appeared in the December 2009 edition of Split-Dollar Insurance magazine.

YCISG member Richard Harris reviews how Treasury Regulations Section 1.7872-15 enables the funding of life insurance policies in an ILIT without making any taxable gifts, and how the trust can be generation-skipping. This article appeared on March 18, 2016 on WealthManagement.com.

YCISG member Richard Harris discusses how to get beyond industry jargon with clients by determining what a client wants to accomplish, and employing good communication techniques like using stories, metaphors and analogies to relate to the client what’s being done to help them accomplish their goals. This article appeared on April 26, 2016 on WealthManagement.com.