What are the tax implications of putting my small business key person life insurance policy into a trust this afternoon
Download run
Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
What are the tax implications of putting my small business key person life insurance policy into a trust this afternoon
3 real searches · 1 real-search pass
IRS employer-owned life insurance section 101(j) notice consent key person insurance premiums deduction transfer trust gift tax life insurance policy transfer for valueGoogle ↗
OBSERVED
IRS life insurance proceeds estate tax incidents of ownership three year rule section 2035 transfer irrevocable trustGoogle ↗
OBSERVED
IRS Publication 525 life insurance proceeds transfer for value rule section 101(a)(2) gift tax policy transferGoogle ↗
OBSERVED
Badge and edge weight = share of passes that produced the query. Hover a query for its intent and routing format.
Query classes
Google's semantic query class for every sub-query: what kind of answer each search is after, simulated vs real.
Classifying 3 queries…
Searches and sources
ChatGPT3 real searches · gpt-6
IRS employer-owned life insurance section 101(j) notice consent key person insurance premiums deduction transfer trust gift tax life insurance policy transfer for value Google ↗
IRS life insurance proceeds estate tax incidents of ownership three year rule section 2035 transfer irrevocable trust Google ↗
IRS Publication 525 life insurance proceeds transfer for value rule section 101(a)(2) gift tax policy transfer Google ↗
- Publication 525 (2025), Taxable and Nontaxable Income · irs.gov
- 26 U.S. Code § 101 - Certain death benefits | U.S. Code | US Law · law.cornell.edu
- 26 U.S.C. § 2035: Adjustments for certain gifts made within 3 years of decedent’s death · uscode.house.gov
- Instructions for Form 706 (07/2026) · irs.gov
- 26 U.S.C. § 101: Certain death benefits · uscode.house.gov
- Life Insurance & Disability Insurance Proceeds · irs.gov
Queries
3 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
IRS employer-owned life insurance section 101(j) notice consent key person insurance premiums deduction transfer trust gift tax life insurance policy transfer for value OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 | |
IRS life insurance proceeds estate tax incidents of ownership three year rule section 2035 transfer irrevocable trust OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 | |
IRS Publication 525 life insurance proceeds transfer for value rule section 101(a)(2) gift tax policy transfer OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 |