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Explain in about 400 -500 words, what split dollar is in the context of employee benefits. When is this option most appropriato? Additionally explain how

Explain in about 400 -500 words, what split dollar is in the context of employee benefits. When is this option most appropriato? Additionally explain how this can be used in estate planning and how it would work. is a GRAT necessary or do other exist to achieve this goal ? What group individuals would most benefit from this tool?

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