Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

Course Description:

The purpose and intent of the course is to offer life insurance agents an opportunity to earn continuing education credits and learn about the growing secondary market for life insurance policies. The course will discuss the genesis of life and viatical settlements in the U.S. marketplace and will examine the: Markets, Prospects, Process, and Taxation which are related to such settlements. In addition, the course will consider the market conduct and ethical concerns as well as the regulation of the life insurance secondary market.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Understand individual tax rates and TRUIRJCA and the effective date.
• TRUIRJCA – basic standard deduction, fifteen percent rate bracket, and its effective date.
• Identify alternative minimum tax relief, prior or existing law and the effective date.