When you're considering tax issues related to whole life insurance, you should be aware that with certain policies and situations, the tax advantages are not the same as those discussed in other parts of this FAQ. Under rules of the Internal Revenue Service (IRS), certain life insurance policies may be classified as a Modified Endowment Contract (MEC). Here's why you should know about MECs. See similar questions...

A Modified Endowment Contract(MEC) is an IRS classification for certain Permanent 'Plus' policies which eliminates several tax advantaged features of a regular permanent life insurance plan. As a rule of thumb, policies issued after June 21, 1988 which are paid up in less than seven years and/or make a large lump sum payment at the beginning of the plan, will be classified as an MEC. See similar questions...

A portion of the purchase price of the grave is contributed to an endowment care fund. Income from the endowment care fund is used to provide regular care and maintenance at the cemetery. Regular care and maintenance activities can include: cutting grass, regrading of graves, planting and caring for trees, maintenance of water supply systems, roads, drainage, etc. The minimum amount to be contributed to the endowment care fund is normally governed by law. See similar questions...

endowment at the SIUE Foundation preserves the principal while providing income for a program account as specified by the donor. An endowment may be established at any level above the minimum endowment level and may support any type of program account with the exception of a benefit account. The SIUE Foundation’s Investment Policy sets the percentage of earnings from the endowment accounts that may be distributed as income to the program accounts. See similar questions...

While not guaranteed, endowment care funds are very conservatively managed. Income from the fund can only be spent on care and maintenance of the cemetery -- the capital is not touched. Endowment care funds are governed by laws in most states for consumer protection. See similar questions...

It is possible to change the way the speech sounds by altering the input text. Liberal use of commas is the easiest way to get better phrasing, especially in long complex sentences. Overall speed can be controlled using XML-style tags from the SSML standard, e.g. <prosody rate="slow"> this is speaking slowly </prosody>. <prosody rate="fast"> this is speaking fast </prosody>. <prosody rate="-50%"> this is 50% slower </prosody>. See similar questions...