Part 3: Donation of a life assurance policy – importance of the beneficiary clause
September 8, 2023
The wording of the beneficiary clause of a life assurance policy is of great importance in order to best meet the client’s wealth planning and succession objectives. This especially applies if the policy is to be donated. 1. The regions of Wallonia and Brussels are coming into line with the region of Flanders. The tax […]
More
Part 2: The roles of the parties to a life assurance policy and the options available to them
July 28, 2023
A life assurance policy is the consecration of the stipulation for third parties, a mechanism well known to informed specialists. For the others, it should be remembered that life assurance is a policy by which the insurance company (the Promisor) makes an undertaking to the party taking out the policy (the Stipulator), in exchange for […]
More
Part 1: The personal situation of clients as the cornerstone of the wealth planning solution for Belgium
May 19, 2023
Wealth planning is understood as organising and planning the transfer of a given asset, while trying to optimise the taxation applicable at each stage of this process. Life assurance undoubtedly has a major advantage in one of the stages of any wealth planning, namely the pure and simple holding of movable assets invested in a […]
More