What are the current IRS underwriting guidelines for structuring a key person life insurance policy for an LLC with three equity partners?
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The searches the AI actually ran for this prompt.
SEED QUERY
What are the current IRS underwriting guidelines for structuring a key person life insurance policy for an LLC with three equity partners?
3 real searches · 1 real-search pass
IRS employer-owned life insurance IRC Section 101(j) Notice 2009-48 Form 8925 consent requirements currentGoogle ↗
OBSERVED
IRS life insurance premiums key person insurance deduction section 264 business beneficiaryGoogle ↗
OBSERVED
IRS life insurance proceeds transfer for value rule section 101(a)(2) business owned policyGoogle ↗
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 IRC Section 101(j) Notice 2009-48 Form 8925 consent requirements current Google ↗
IRS life insurance premiums key person insurance deduction section 264 business beneficiary Google ↗
IRS life insurance proceeds transfer for value rule section 101(a)(2) business owned policy Google ↗
- Internal Revenue Bulletin: 2009-24 · irs.gov
- 26 U.S.C. § 101: Certain death benefits · uscode.house.gov
- Strategies for buy-sell agreements using insurance · thompsoncoburn.com
- 26 U.S.C. § 264: Certain amounts paid in connection with insurance contracts · uscode.house.gov
- 26 CFR § 1.264-1 - Premiums on life insurance taken out in a trade or business. | Electronic Code of Federal Regulations (e-CFR) | US Law · law.cornell.edu
- About Form 8925, Report of Employer-Owned Life Insurance Contracts · irs.gov
- Form 8925 (Rev. September 2017) · irs.gov
- 26 U.S.C. § 264: Certain amounts paid in connection with insurance contracts · uscode.house.gov
- 26 U.S.C. § 264: Certain amounts paid in connection with insurance contracts · uscode.house.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 IRC Section 101(j) Notice 2009-48 Form 8925 consent requirements current OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 | |
IRS life insurance premiums key person insurance deduction section 264 business beneficiary OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 | |
IRS life insurance proceeds transfer for value rule section 101(a)(2) business owned policy OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 |