How Rich Americans Use Life Insurance To Save On Taxes And Protect Their Kids' Inheritance With This Neat Trick

Target isn't changing its one-year satisfaction guarantee, but it could get a little more strict about abuse of the policy. Dominick Reuter/InsiderTarget recently updated its website to call out "suspected fraud or abuse" of its return policy. While the rules haven't changed, the clarification sets the company up to enforce them more strictly.

The author, not pictured, has just started going to couples therapy. Claudia Burlotti/Getty ImagesWhen my partner and I started couples therapy, I was surprised by a few things. I learned that the therapist isn't there to pick sides and that therapy could be joyful. I also realized that this type of therapy is all about recommitting to your partner.

When you buy through our links, Business Insider may earn an affiliate commission. Learn moreThe Seattle Storm and Las Vegas Aces are among the Round 1 match-ups in the 2024 WNBA Playoffs. Ethan Miller/Getty ImagesThe 2024 WNBA regular season has come to a close, but the Playoffs are just getting started.

North Carolina Lt. Gov. Mark Robinson is in the hot seat after a bombshell CNN report alleged he made a series of controversial comments. Grant Baldwin/Getty ImagesNorth Carolina is a critical part of Trump's electoral calculus for winning a second term. But Lt. Gov. Mark Robinson's troubles could have a "reverse coattail" effect among Republicans.

A Russian regional governor said 1,200 people were evacuated following the attack. Screenshot/X/Anton GerashchenkoUkraine struck a major ammunition depot in Russia's Krasnodar Krai region. A video of the strike circulating on social media showed a huge explosion at the site. The Russian regional governor confirmed the attack and said 1,200 people were evacuated.

Life insurance can be used to save on taxes and protect inherited assets from creditors. JupiterimagesFor the wealthy, life insurance is an unsexy yet powerful tactic for avoiding taxes. By putting the policy inside a trust, the death benefit is excluded from estate taxes. The payout goes to the trust, which pays Uncle Sam and protects the remaining assets from lawsuits.