The valuation of life insurance policy is a key aspect in estate and financial planning. It involves determining the fair market value of a life insurance contract, which can be essential when the policy is transferred, donated, or included in an estate. This valuation becomes important for tax reporting, especially when policies are part of trusts or used for gifting purposes. Common methods include the interpolated terminal reserve and cash surrender value, depending on the policy type. Read more - https://www.sigmavaluation.com..../estate-gift-tax-val
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