How can Transamerica help me cope with changes in the estate tax laws?
Transamerica’s unique Sunset Option, available only on our TransACE Survivor® 2008 policies, is designed to help you weather the changes. The Sunset Option gives you a valuable window of opportunity: If your insurance contract is in force in 2010 and the estate tax repeal is extended or made permanent through new legislation, you can fully surrender your policy in 2010 with no company-imposed surrender charges.* The Sunset Option is automatically included at no extra charge on those survivorship policies issued on or after June 7, 2001! Top of Page What if the estate tax repeal is extended or made permanent in 2010 and I don’t want to surrender my policy? You don’t have to. If you choose, you can: • Continue the existing policy and provide an enhanced estate for your beneficiaries; • Continue coverage to provide funds to help pay capital gains tax on the sale of inherited assets, or in some states cover potential state inheritance taxes; or • Divide the survivorship policy into two ind
