Yesterday I met with a business owner with whom I have been working with for almost a year on the Estate plan and now we are working to create insurance solutions .
On a need bases this person is underinsured for : disability protection , life protection and critical illness protection .
The individual has a young family and a substantial mortgage . The investment advisor at the bank suggested a " corporate estate bond " which involves obtaining a life policy inside a corporation and the cash values in the policy accumulate on a tax deferred basis . This structure is perfect for a individual who has cash flow , manageable debt with no or small mortgage but it is not for everyone . Before you proceed to acquire these great products look at your big picture planning .
Permanent life insurance product is NOT for every individual or corporation however , in the right situation it is a fabulous alternate investment option to accumulate wealth .
Source: http://www.tkadvisor.com/2012/07/whole-life-and-universal-life-are-a-excellent-but.html
octomom dan savage new world trade center kellen moore guy fieri ryan braun bryce harper
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.