Lawyers: Partial tax-free exchanges can pay for LTC insurance

The federal tax code allows partial tax-free exchanges of life insurance or annuities to pay for long-term-care insurance, write lawyers E. Hans Lundsten, Joseph Marion III and David Riedel. Such a move can provide tax benefits while helping protect wealth, they write. JDSupra.com/Adler Pollock & Sheehan (12/3)