Join NAIFA on Thursday, September 10, 2026, from 12:00 to 1:00 p.m. Eastern for Working with Nonequity Split Dollar, sponsored by Principal. This webinar will explore how non equity split dollar arrangements can provide an alternative way to fund life insurance held in an irrevocable life insurance trust (ILIT), particularly when clients want to minimize the gift tax impact of premium funding.
April Caudill, JD, CLU, ChFC, AEP (Distinguished), Director of Business and Advanced Solutions at Principal Financial Group, and Dan Finn, JD, CLU, CFP, Director in Principal’s Business and Advanced Solutions Division, will walk attendees through how these arrangements are structured and why they may be useful in advanced estate planning situations.
Using a case study, Caudill and Finn will show how the strategy can support sizable life insurance premiums while keeping annual taxable gifts to the ILIT comparatively small. They will also explain the special ownership rule that makes this possible, examine how the arrangement can develop over time, and discuss several options for ultimately terminating the plan.
For financial professionals working with clients on estate planning and wealth transfer strategies, this session offers a practical look at how non equity split dollar can fit into an ILIT planning conversation and where it may offer advantages over more traditional funding approaches.