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And presumably,based upon the Petersen court’s reasoning,when the 2nd judgment is set to lapse,the judgment lender may file another new suit and get a 3rd judgment (and so on) more.
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If you or your partner are an insured of a life insurance coverage policy that is owned by an ILIT,and you also function as the Trustee of the ILIT,then the IRS may choose that the policy hasn’t left your estate after all.
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