incidents of ownership การใช้

"If the owner prefers to keep the pot unless you will buy his tea, I cannot see, in allowing him the right to do so, anything more than an ordinary incident of ownership ."
In the US, life insurance will be considered part of a person's taxable estate to the extent he possesses " incidents of ownership . " Estate planners often use special irrevocable trusts to shield life insurance from estate taxes.
However, if the decedent holds any incidents of ownership like the ability to remove or change a beneficiary, the proceeds will be treated as part of his estate and will generally be subject to the U . S . Federal estate tax.
Under United States estate tax provision, " devolution " may occur when a deceased obtains " incidents of ownership " under the Estate Tax Regulation 20.2042-1 ( c ) 2 in a fiduciary capacity from an independent transaction creating a trust for benefit of another party.
Life insurance proceeds are generally included in the gross estate if the benefits are payable to the estate, or if the decedent was the owner of the life insurance policy or had any " incidents of ownership " over the life insurance policy ( such as the power to change the beneficiary designation ).