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Tier 2 cluster

1035 Exchanges

Moving cost basis between contracts without triggering a taxable event.

Written by: Advisor Name Pending

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Qualifying exchanges, basis carryover, MEC traps, loan carryover, and replacement disclosure requirements.

Decision pathway

  1. 01

    Exchange

    Move basis to a better chassis under §1035.

  2. 02

    Replace

    New coverage, with full replacement disclosure.

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Sources

Citations are supplied per-entity by the content engine. This template renders statutory, regulatory, academic and carrier sources in a numbered, dated reference list.

Author

AN
Advisor Name Pending

Lead Advisor & Editorial Reviewer

CLU (pending verification)
ChFC (pending verification)
NPN:
PENDING_VERIFICATION
Licensed:
Non-producing editorial role
Verified:
2026-01-01 (2026-01-01T00:00:00Z)