How does a funded irrevocable life insurance trust help pay off estate taxes for a medium sized family business?
Download run
Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
How does a funded irrevocable life insurance trust help pay off estate taxes for a medium sized family business?
3 real searches · 1 real-search pass
2026 federal estate tax exemption amount IRS 2026 estate gift tax basic exclusion OBBBAGoogle ↗
OBSERVEDYes / no
IRS irrevocable life insurance trust three year rule incidents of ownership estate tax section 2035 life insuranceGoogle ↗
OBSERVEDConsequence
IRS estate tax closely held business liquidity estate tax installment section 6166 requirementsGoogle ↗
OBSERVEDReason
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.
ChatGPT real searches (3)
Classes come from the query-classifier (a local Laya model). 3 of 3 calls are low-confidence (under 50%) — hover a query in the table to see its confidence.
Searches and sources
ChatGPT3 real searches · gpt-6
2026 federal estate tax exemption amount IRS 2026 estate gift tax basic exclusion OBBBA Google ↗
IRS irrevocable life insurance trust three year rule incidents of ownership estate tax section 2035 life insurance Google ↗
IRS estate tax closely held business liquidity estate tax installment section 6166 requirements Google ↗
- 5.5.7 Collecting Estate Tax · irs.gov
- 26 U.S.C. § 2035: Adjustments for certain gifts made within 3 years of decedent’s death · uscode.house.gov
- Frequently asked questions on estate taxes · irs.gov
- Instructions for Form 706 (07/2026) · jcsa.live
- 26 U.S.C. § 6166: Extension of time for payment of estate tax where estate consists largely of interest in closely held business · uscode.house.gov
- Instructions for Form 706 (07/2026) · irs.gov
Queries
3 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
2026 federal estate tax exemption amount IRS 2026 estate gift tax basic exclusion OBBBA OBSERVED | Google ↗ AI Mode ↗ | — | Yes / no | — | — | 1x of 1 | |
IRS irrevocable life insurance trust three year rule incidents of ownership estate tax section 2035 life insurance OBSERVED | Google ↗ AI Mode ↗ | — | Consequence | — | — | 1x of 1 | |
IRS estate tax closely held business liquidity estate tax installment section 6166 requirements OBSERVED | Google ↗ AI Mode ↗ | — | Reason | — | — | 1x of 1 |