Life insurance has tax advantages. Private family foundations (PFFs) have tax advantages. As an old television commercial used to say, “Peanut butter and chocolate taste great on their own … but when combined … these two great tastes, taste great together!” That formula, I’d venture to say, worked great for the H.B. Reese Candy Company. So, I now ask all those Reese’s Peanut Butter Cup lovers out there: Can life insurance and PFFs work together to ...

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