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Advanced Planning Presents: Planning with Life Insurance -- A Unique and Flexible Asset


This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.


This is a complimentary program sponsored by Northwestern Mutual.

Northwestern Mutual invites you to participate in a live webinar from its Advanced Planning team on planning with life insurance. Life insurance has many nuances when it comes to tax treatment. Generally, life insurance growth grows tax deferred, it allows tax-favored withdrawals, and death benefit is income tax free. There are also many special issues that arise such as section 1035 exchanges, valuation of life insurance policies when they’re transferred, and accelerated care benefit riders that allow death benefit to be accessed to pay for long-term care expenses. Additionally, the 2017 tax law impacted how life insurance sales are reported for tax purposes. Hear from our experts about the opportunities life insurance provides and the traps that can be avoided through careful planning.

Educational Objectives:

• Be able to learn about life insurance income taxation and gift and estate tax issues
• Understand traps and opportunities when life insurance contracts are transferred to family members, trusts, and business owners
• Be able to develop a financial plan using life insurance

Who would benefit most from attending this program?

This program is designed for attorneys, accountants, and CFP® practitioners who want to learn more about life insurance planning for their clients. Webinar participants will learn about income tax and transfer tax issues related to life insurance. Attorneys, accountants and CFP® practitioners will also receive continuing education credit for their participation. Insurance continuing education will not be offered.    


Patrick J. Horning, JD, CLU®, CFP®
  • Senior Director
  • Northwestern Mutual

Patrick worked in a boutique law firm specializing in business and real estate law for four years before joining Northwestern Mutual in 2000. Patrick is a regular presenter at many of Northwestern Mutual’s schools and seminars. He is also a national speaker at industry conferences and estate planning councils and frequently consults on estate, business, retirement and income tax planning and nonqualified employee benefits.

Phillip A. H. Roemaat, JD, CPA, CLU®, CFP®
  • Senior Director
  • Northwestern Mutual

Phil joined Advanced Planning at Northwestern Mutual in 2015. Prior to coming to Northwestern Mutual, he was in private practice at a regional accounting firm, Baker Tilly Virchow Krause, LLP. His practice focused on income tax planning and compliance for high net worth individuals, closely held businesses, and their owners. During law school, Phil interned with Associated Banc-Corp and the Office of Chief Counsel with the Internal Revenue Service. 

Continuing Education

1.2 CPE, 1.0 General COA, 1.0 CFP, 1.0 CLE
Practice Areas:
Field of Study: Taxes
• A basic understanding of federal income tax system • A basic understanding of the federal gift and estate tax system • A basic understanding of life insurance
Production Date: