Our charitable funding strategies can create endowments and cash flow to charities for decades, either through strategic planning with the individual philanthropist or through specific structured donor groups such as college alumni affiliations. This program can be especially effective for the Family Foundation and Business in need of new and innovative charitable and estate planning strategies. For example: The Ultimate Endowment with Asset Backed Insurance Lending (ABIL) is a program that provides large amounts of premium financed life insurance to benefit high net worth individuals, their trusts, social causes (charities) and businesses. ABIL Financing is provided by several of the world's largest international banks who have specifically synchronized their loans to work with specially designed insurance policies. Policies are aggressively funded to build immediate and rapid cash value growth used to retire the bank loan.
The Gift That Gives Back with ABIL.
Most wealthy individuals do not implement charitable planned giving into their financial plans because they don't know that they can, while still accomplishing their ultimate goal of passing wealth to their heirs. Families worth more than $10 million lose approximately 50% of their wealth to estate taxes if wealth protection and estate planning steps are not properly implemented. A simple way to avoid making the IRS your largest beneficiary is to give more of your money to charity before you die. By removing these assets from your estate now, the asset growth will not be taxed later. Most of us do not want to "disinherit" our children just to avoid taxes. Therefore, a strategy is now available whereby gifts can be made to charity today while 10-20 times the value of those gifts will be "replaced" to your heirs "tax-free." Best of all, there is a high probability of no out-of-pocket cost.
Life Insurance Review
We view each client and each transaction as a valuable partnership that extends the life of the ABIL loan. Therefore, we will review your case every year against the performance of the initial plan. Based on that analysis, we will recommend adjustments or corrections that can improve return performance.