Our team works with the Clients’ professional advisors (attorneys, CPAs, financial advisors) to analyze and illustrate the economics of insurance structures and funding approaches that best satisfy their specific estate, gift, and tax planning needs.
We can lead or assist with the financial planning discussions that are critical to understanding the financial needs and the strategies that may apply. We believe that time spent mapping out the financial planning needs, risks and resources leads to carefully crafted options for the client to consider.
Once the general plan needs are established, clients often own life insurance outside of their taxable estates through an Irrevocable Life Insurance Trust (“ILIT”) and other trust entities. Insurance acquisitions within these structures are typically funded with existing trust assets, lifetime and annual gift exemptions, intra-family loans and private split dollar applications.
* Structured Insurance Services does not provide legal services