Senate Finance Chair Asks Blackstone Unit for Private Placement Life Details
August 16, 2022 by Allison Bell
Congress may be about to pay more attention to private placement life insurance — arrangements wealthy individuals and families can use to package investments of their own choosing inside variable universal life insurance policies.
Sen. Ron Wyden, D-Ore., the chair of the Senate Finance Committee, today announced that he is investigating the use of PPLI policies by wealthy Americans to avoid and evade taxes.
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Originally Posted at ThinkAdvisor on August 15, 2022 by Allison Bell.
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