Section 1035 Exchange

Section 1035 Exchange

by Richard C. Wilson & Family Offices Group Association Team

Family Office Definition: Section 1035 Exchange

Section 1035 Exchange definition:  IRS code section 1035 allows for the exchange of an existing life insurance or annuity contract for another without owing taxes.  If a life insurance policy is no longer needed, it can be exchanged for an equivalent tax-deferred annuity.  The exchange can be done during a lifetime in planning for the estate passed on to heirs.

Download our free Family Office Report to learn more about the family office industry.

Read more Family Office Definitions

Tags: What is section 1035 exchange?, section 1035 exchange definition, section 1035 exchange family office, section 1035 exchange term, define section 1035 exchange, section 1035 exchange wealth management, section 1035 exchange multi-family office, section 1035 exchange single family office

Leave Your Response

* Name, Email, Comment are Required

We run the Family Offices Group, the #1 largest family office association with 84,000+ global members. We offer live events, a bestselling book, Webinars, a family office database, and a family office training & certificate program called the Qualified Family Office Professional (QFOP). To get to know us please watch this 2 minute video, and contact us any time during pacific business hours by calling (212) 729-5067 or emailing us at

Free Family Office Report (PDF)

Contact Details for 1,000 Family Offices in Excel