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Use of insurance in estate planning

Our knowledgeable global tax team can help you to use your insurance contracts to simplify your estate plans and achieve more efficient income and capital gains tax results. This approach may be especially useful if you have cross-border interests.

Insurance can play a vital role in achieving superior income and capital gains tax results.

Many clients naturally view insurance as risk mitigation, and this is primarily how insurance or annuity contracts are used.

We believe that insurance contracts and bonds can be utilized as an investment vehicle that can help achieve more efficient income and capital gains tax results. Insurance is ideal for our international clients because it is recognized around the world as a tax-advantaged investment vehicle, and so is particularly well-suited for use in cross-border planning.


Buying single premium life insurance policies in the form of contracts is simple and more flexible than managing the taxation and reporting around individual or directly purchased contracts, and additionally benefits from the services of professional investment managers. A practical example of how this can simplify your estate plans is using insurance contracts to shelter a portfolio from the punitive Passive Foreign Investment Company rules in the US.

Our team

Ceri Vokes

Ceri Vokes

Partner | London

Ceri Vokes

Partner | London

Private client and tax

Aaron Schumacher

Aaron Schumacher

Partner | New Haven

Aaron Schumacher

Partner | New Haven

Private client and tax

James R. Brockway

James R. Brockway

Partner | New Haven

James R. Brockway

Partner | New Haven

Private client and tax

Richard S. Levine

Richard S. Levine

Special counsel | New York

Richard S. Levine

Special counsel | New York

Private client and tax

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Families and family offices

Families call on us when they want a firm that understands their needs – whether they are looking to pass down wealth, set up and run a family office, or make their mark through philanthropy. Find Out More
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High net worth individuals

With complex interests that often span several jurisdictions, highly successful people need seamless advice. With a full-service offering across our offices around the world, we provide just that. Find Out More

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