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The only constants: taxes and tax law changes

Article Abstract:

The Taxpayer Relief Act signed by Pres Bill Clinton in Aug 1997 changes several tax rules and provisions affecting estate and charitable gifting and creates insurance planning implications. The Act increased the amount of property an individual can pass free of federal estate taxes from $600,000 to $1 million. It also provided more than $1 million in exclusion for family business owners and an additional benefit for individuals regarding generation skipping transfer taxes.

Author: Langdon, Thomas P.
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1998
Tax Law, Public Finance Activities, Laws, regulations and rules, Taxation

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Tilting at auto coverage: financial writer Andrew Tobias, America's leading critic of what lawyers have done to no-fault insurance, details his ongoing relationship with money - and the insurance industry - in his latest book

Article Abstract:

Financial writer Andrew Tobias' life has been significantly marked by developments in the insurance industry, as shown by his most famous works, 'The Invisible Bankers: Everything the Insurance Industry Never Wanted You to Know' and 'Auto Insurance Alert! Why the System Stinks, How to Fix It, and What to Do in the Meantime.' In his latest book, 'My Vast Fortune,' Tobias talks about his relationship with money and the insurance industry as a whole.

Author: McDonald, Lee
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1998
Insurance industry, Interview, Bibliography, Tobias, Andrew

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