Life Insurance Strategies to Maximize Your Legacy

• Buying life expectancy insurance. The most expensive part of life insurance is insuring the years beyond your life expectancy. If you buy insurance that only lasts to life expectancy — say to age 86 or 92 instead of age 100 — you can save a fortune. Plus, you’ll still have the option of continuing your policy in the future.

• Using life settlements and the secondary market for life insurance. A life settlement is an opportunity, usually for someone elderly or with a shortened lifespan, to sell his or her life insurance policy for more than its cash surrender value in the secondary market. This strategy can provide a family with money when it’s needed rather than waiting until after the death of the insured.

• Creating your own inheritance to benefit children or grandchildren. What are you doing to prepare for retirement? Putting money into IRA and 401(k) plans that invest in the stock market? Our strategy of buying life insurance on one or both of your parents can guarantee your inheritance and ensure that it’s income and estate tax-free.

• Guaranteeing lifetime income and annuities/retirement planning. Are you worried about running out of money during retirement? Our advisors can introduce you to products and strategies that will create guaranteed lifetime income that can’t be outlived and still make sure you have enough left to leave a legacy for your heirs.

Reduce Estate Tax by 90%

By setting up an irrevocable life insurance trust (ILIT) and purchasing a life insurance policy inside of it, you can pass millions of tax-free dollars to your beneficiaries and effectively discount a potentially massive tax bill upon your death.

CHARITY GIFTING

You can avoid estate taxes, immortalize your generosity, and leave more money to charity than you ever thought possible by using the proper vehicles. Our experts can show you how.

INVESTMENT ALTERNATIVES

Many people fail to view life insurance as an asset class. But life insurance has the ability to generate significant tax free returns and provide peace of mind through a death benefit that is tax-free and fully guaranteed.

TAX FREE INCOME!

f you are looking for an excellent way to create tax-free supplemental income for retirement, consider using our specialized life insurance policies which offer tax benefits and asset protection at the same time. These specialized policies can be linked to a major market index to provide growth and income without the risk of investment losses.

Contact us for your custom plan!

Contact our  office to schedule a one-on-one consultation and we will customize a plan to meet your goals!

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