Currently, the government taxes estates at the rate of 46% for everything over the $2,000,000.00 threshold and $4,000,000.00 for couples.

Over the next three years (2007 – 2009) the exemption will be $3,500,000.00 at individual level and up to $7,000,000.00 as a couple.  Yet, in 2010 the estate tax exemption will be “0”.  Currently, the House of Representatives has crafted a proposal that would tax estates at a rate of 55% once they exceed the $1,000,000.00 exemption level.

How has this estate tax debate impacted Life Insurance Sales?  Clearly, savvy consumers are analyzing all of their financial options as this debate nears its conclusion.  Many Agents finding find themselves planning “in a vacuum” as pending estate tax proposals remain undecided.  Still, it is clear that your clients have an immediate need for Life Insurance.

In this respect, ABS can help you provide your clients the ultimate hedge against the outcome of the estate tax debate (see details).  Currently, ABS would like to make you aware of a Life Insurance Sales Solution that will minimize both your clients’ estate tax exposure and their long-term premium commitment.  This can be accomplished by utilizing the industry’s most competitive Single-Pay Survivorship UL.