Anybody doing anything differently nowadays regarding split-dollar lif

[Dave Baker]

Anybody doing anything differently nowadays regarding split-dollar life insurance arrangements, in light of IRS Notice 2002-8.shtml (which revoked Notice 2001-10)?

Notice 2002-8 is online at

http://www.benefitslink.com/IRS/notice2002-8.shtml

[Guest Harry O]

I think it is too early to start making changes to existing policies. A lot can happen between January 2002 (when Notice 2002-8 was released) and the date the IRS issues final regulations.

That said, it may be worthwhile to scramble and accelerate plans to put in NEW arrangements before the January 28, 2002 cutoff. This can secure some grandfathering advantages and options not available to policies issued after this date.

[Dave Baker]

Here's an article from Aon, just published -- seems to have some ideas for steps that might be smart in the next couple of weeks.

http://www.aon.com/about/publications/aler...rt_01_15_02.asp