1, husband and wife * * * same property issues
After marriage, some commercial insurance with cash value is insured with the same property, and the cash value part of the insurance contract can be regarded as the same property of husband and wife, and can be divided as the same property of husband and wife when divorced. In practice, because the insurance contract is a long-term contract, the cash value in the early stage is often less than the insurance premium paid. In order to avoid the losses caused by surrender, the policy holder can pay half of the cash value to the other party and keep the contract valid.
Target audience: Mrs. Fu
2. The problem of inheritance tax.
There are many solutions to avoid many problems caused by inheritance tax by using life insurance. The following are simple examples: Insure whole life insurance with parents as the insured and children as the beneficiaries. In this way, after the parents died unexpectedly, the children can get the insurance money from the insurance company, which will be used as the source of funds for paying the inheritance tax. For example, when Mr. and Mrs. Li died, they owned a considerable amount of real estate and a well-run company. Because of their conservative financial management methods, they did not have a considerable amount of cash and deposits when they died. If they don't have an inheritance plan in advance, this huge inheritance will often become a heavy burden for the heirs in the face of inheritance tax. Fortunately, when their children were young, they insured themselves in whole life insurance, so their children got a considerable amount of insurance money. In this way, their heirs don't have to consider selling the property or affecting the normal financial operation of the company in order to pay the inheritance tax.
Scope of exemption from inheritance tax
(1) Legacy donated by the legator, donee or heir to governments at all levels, education, civil affairs, welfare and public welfare undertakings;
(2) Various cultural relics, books, materials and articles related to culture, history and art in the heritage registered with the tax authorities and inherited and preserved by the heirs, but when the heirs transfer such documents, books, materials and articles, they still have to automatically apply for tax payment;
(3) Copyright, patent right and know-how owned by the decedent who created, invented or participated in the creation;
(4) the insurance money obtained by the decedent from life insurance;
(5) Exemption from inheritance tax and inheritance is stipulated in international conventions to which the Chinese people and the Chinese government are parties or agreements signed with foreign governments;
(six) the provisions of the State Council are not included in the total taxable heritage and other heritage.
Because the rich are rich, but they don't like to pay taxes in vain and avoid taxes legally, hehe!