The Tools & Techniques of Life Insurance Planning, 5th edition, is part of the popular Leimberg Library Series and delivers expert insight and the tools needed to utilize life insurance in the most effective ways.This fully revised edition serves as a foundation for life insurance planning and is the most comprehensive resource discussing life insurance products (the ';Tools')-as well as the purposes they serve (the ';Techniques'), including:On the Tools side: *; Insights into Guaranteed No-Lapse Life Insurances *; Indexed Life Insurance *; Broader discussions of new riders, including: o Accelerated benefits riders o Catastrophic illness riders o Long-term care riders v. long-term care policies o Extension of benefits ridersOn the Techniques side: *; New chapter on life insurance valuationfor income, gift and estate-tax purposes *; Expanded coverage of Irrevocable Life Insurance Trustsespecially the use of flexible ILITs in an uncertain estate-tax environment *; Substantive updates to the chapter on split-dollar life insurance products *; Significantly revised and expanded chapter on Viatical and Life SettlementsIn addition to providing illustrations of key concepts with charts and images, The Tools & Techniques of Life Insurance Planning, 5th edition, includes these new chapters:*; Disability (Living Death) Insurance*; Indexed Universal Life*; Guaranteed No-lapse Universal Life*; Life Insurance Valuation