Young People, Children & COVID
COVID-19 cases rising among adults under 50, children Mackenzie Bean – 2 days ago Print | EmailShare https://platform.twitter.com/widgets/tweet_button.06c6ee58c3810956b7509218508c7b56.en.html#dnt=false&id=twitter-widget-0&lang=en&original_referer=https%3A%2F%2Fwww.beckershospitalreview.com%2Fpublic-health%2Fsevere-covid-19-cases-rising-among-adults-under-50-5-takeaways.html&size=l&text=Reading%20%40beckershr%20COVID-19%20cases%20rising%20among%20adults%20under%2050%2C%20children&time=1620218522546&type=share&url=https%3A%2F%2Fwww.beckershospitalreview.com%2Fpublic-health%2Fsevere-covid-19-cases-rising-among-adults-under-50-5-takeaways.html%3Futm_source%3Dtwitter%26utm_medium%3Dsocial https://www.facebook.com/v8.0/plugins/share_button.php?app_id=670888390172600&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Df16980480a16cb%26domain%3Dwww.beckershospitalreview.com%26origin%3Dhttps%253A%252F%252Fwww.beckershospitalreview.com%252Ff1889a7baeefb24%26relation%3Dparent.parent&container_width=0&href=https%3A%2F%2Fwww.beckershospitalreview.com%2Fpublic-health%2Fsevere-covid-19-cases-rising-among-adults-under-50-5-takeaways.html%3Futm_source%3Dfacebook%26utm_medium%3Dsocial&layout=button_count&locale=en_US&sdk=joey&size=large While many hospitals were filled with older adults early in the pandemic, now a growing proportion of patients with severe cases are adults under 40 or 50 years old, NPR reported May 1. The proportion of U.S. cases involving children has also grown in recent […]Read More
Life Insurance Planning in Connection with Divorce
It is estimated that there are over a million divorces in the United States each year.1 This reflects a tremendous need for life insurance planning in relation to alimony, child support and property settlement agreements.
IRS Guidance on Conversions of Qualified Plan Accounts to Designated Roth Accounts
In the American Taxpayer Relief Act of 2012 ("ATRA"), Congress expanded the ability of participants in tax-qualified plans, tax-sheltered annuities, and governmental deferred compensation plans to convert amounts
Reflecting the changes occurring in our current economic times
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The Second Circuit upheld a Tax Court decision that the insured taxpayers, a husband and wife, received a taxable distribution of life insurance policies from a Section 419A multi-employer welfare benefit plan.
IRS Advice Suggests Caution in Planning with Self-Canceling Installment Notes (SCINs)
A SCIN is a promissory note that includes a self-cancelation feature relieving the borrower of any future payments if the seller dies during the note term.
When Term Life Policy Proceeds Are Community Property
The California appellate court held that the characterization of term life insurance policy death proceeds as community or separate property depends, not only on who paid the final premium (i.e., was it paid with separate or community funds), but also on other factors such as (1) the insurability of the insured and (2) whether the amount of the final premium payment is capped or otherwise discounted against the current market cost of comparable coverage.