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Life

Insurance

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3 minutes read

Tips for Increasing the Benefits and Tax Breaks of Health Savings Accounts (HSAs)

In the complex world of healthcare finance, one tool often stands out for its versatility and tax advantages - the Health Savings Account (HSA). HSAs are tax-advantaged medical savings accounts available to taxpayers enrolled in high-deductible health plans. But beyond being merely a savings tool, the HSA, when used strategically, can offer significant financial benefits. This guide will provide valuable…

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3 minutes read

Unraveling the Secrets of Cash Value Life Insurance

Cash Value Life Insurance, also known as permanent life insurance, combines a death benefit with an investment component called the cash value. In a cash value life insurance policy, part of each premium you pay is allocated towards insuring your life, while the remaining portion is dedicated to building up a cash value. The cash value portion of your policy grows tax-deferred, and if structured properly,…

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2 minutes read

Understanding Premium Financing: A Strategic Approach to Wealth Building

Understanding Premium Financing Premium Financing represents a sophisticated financial strategy that involves the procurement of a bank loan to pay for insurance premiums. This approach is particularly advantageous for high-net-worth individuals seeking to preserve their use of capital in other areas, while securing desired life insurance coverage for liquidity planning. The Mechanics of Premium Financing Premium…

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4 minutes read

Understanding Life Settlement: Recognizing the market value of your life insurance

Many people think of life insurance in rather uninspired terms. They generally consider it a liability and an expense that shows up in cash flow projections, not a true asset. This is sometimes why investors will surrender a policy or let one lapse. But before doing either of those things, policyholders should consider a life settlement. When used strategically as part of a comprehensive financial…

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5 minutes read

The Clock is Ticking: Why Accredited Investors are Taking Advantage of Private Placement Life Insurance (PPLI)

As today's top federal estate tax rate, or "death tax," currently tops out at 40%, proactive planning is needed for high-net-worth individuals who want to avoid nearly half of their estate going to taxes rather than their heirs upon death.1 With sizeable estate tax exemptions currently set to expire on December 31, 2025, combined with today's historically attractive tax rates, there has never been…

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4 minutes read

Benefits of Private Placement Life Insurance (PPLI) for the Ultra-Affluent

Tax rates are currently at or near historic lows. But ask just about anyone and the expectation is that taxes are sure to increase in the future. So, finding tax-efficient shelters for wealth accumulation is important for protecting long-term portfolio value and accomplishing tax planning goals. For the ultra-wealthy, private placement life insurance (PPLI) can provide powerful tax benefits while helping…

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6 minutes read

Using life insurance to transfer wealth

Good estate planning answers three key questions: Where does your stuff go? Who is in charge? And what are the rules? Life insurance can be one of the most tax-efficient ways to answer these questions because it can limit tax exposure while protecting and facilitating generational wealth. Here’s a look at how you can develop a life insurance strategy that will help preserve your legacy for generations…

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Videos:

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Understanding Life Settlement: Recognizing the Market Value of your Life Insurance

Do you have a life insurance policy that you no longer want or need? Do you have expiring term insurance that you don't wish to convert? Do you have a cash need now and lack the desire to continue paying premiums on your life insurance policy? If you answered yes to any of these questions, you may want to learn about the life settlement options available to you. Life insurance is an asset just like anything else you own, and should not be thrown out with the trash if you no longer need or want it. There may be significant market value in that asset. Join our colleague and friend Jamie Mendelsohn, EVP with Ashar Group as we discuss the complexities and considerations associated with the life settlement market.

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Ebooks:

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Using Life Insurance to Transfer Wealth

Using Life Insurance to Transfer Wealth Life insurance can be a useful tool to accomplish many different planning goals. Specifically, if you are investing for a purpose that extends beyond your lifetime like preserving wealth for generations to come then life insurance can be a very attractive investment vehicle. Keep reading to see how a well-designed life insurance strategy can be a tax-efficient way to transfer wealth and protect your legacy.

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How and Why Wealthy Families Use Life Insurance

A different approach to life insurance Many people think about life insurance as financial protection against premature death. The death benefit to be paid is a replacement for lost income and helps keep the family going. But most affluent families aren’t overly concerned with income replacement. Instead, wealthy families use life insurance to protect assets because of the specific tax benefits and ROI it can provide. Including insurance products in a well-diversified portfolio can help investors achieve financial goals for the current family while also protecting wealth for future generations. In essence, there are three major themes when it comes to how and why wealthy families use life insurance: wealth accumulation, leverage, and liquidity. This ebook will explore these themes and offer insights into how to use insurance strategies most effectively.

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