AEPC November Membership Meeting 2022

The End of Life for Insurance in the Estate Plan—Death Benefit, Surrender, Lapse or Settlement?

presented by Tama Brooks Klosek, Klosek & Associates

Tama's practice is a tax practice focused on both the domestic and international aspects of estate planning and family wealth transfer and tax-exempt organizations. Tama is Board Certified in Estate Planning and Probate Law by the Texas Board of Legal Specialization and has significant experience in income, nonprofit (including private foundations), estate, gift, trust and generation-skipping transfer taxation and marital property planning. She has advised a variety of clients on domestic and international tax matters, and also consults on divorce matters in connection with complex marital estates. In addition to her legal practice, Tama is a Managing Partner in a national life settlements originations firm, Treyled Life Settlements LLC, where she works as part of an experienced management team to assist high net worth and ultra-high net worth clients of Treyled Life Settlements to efficiently exit life insurance contracts on a favorable basis through sales to third party institutional investors when life insurance is no longer desired or advisable.