Put your clients in control of their estate to minimize taxes, ensure equitable division of their assets, protect beneficiaries, and provide for potential estate taxes.

PRACTICAL PLANNING IDEAS YOU CAN USE

TAX REFORM

Allows for transfer of wealth in enormous proportions through year 2025*

TRUST PLANNING

Plan with flexibility, control, asset protection, and dynastic language for children, grandchildren and future descendants

  • Revocable and Irrevocable Trusts
  • Asset Protection against Divorce and Creditors
  • Dynasty Trust
  • Chronic Illness and Long-Term Care
  • Spousal Lifetime Access Trust (SLAT)

LIFE INSURANCE PLANNING

  • Product structure with focus on maximizing IRR to trust/family
  • Increased ability to make gifts for purchase of life insurance
  • IRA/RMD Rescue Planning in favorable tax brackets through 2025
  • Insured Dynasty Trust – Creation of wealth to be passed down in trust to multiple generations while avoiding estate taxes due at the death of each generation
  • Commercial and private financing of premium for life insurance
  • Sale of income producing assets via installment sale to IDGT
  • Increased exemption for life insurance inside qualified plans
  • Split Dollar – Identifies the party needing the insurance and the party with ability to pay premium and “splits” the responsibilities
    • Corporate Leverage corporate dollars to create personal wealth
    • Private Creates optimal flexibility, minimizes gifts, using most favorable AFR rates in history
    • Generational Gift tax efficient strategy that creates wealth for grandchildren and future descendants

* Subject to change based upon Political landscape post election.