Sky Gem preserves your liquidity

PREMIUM FINANCE

Premium financing is typically used by wealthy individuals who want to purchase large life insurance policies without depleting their liquid assets. The borrower typically takes out a loan from a bank or other financial institution to pay the premiums.

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- The loan is secured by the policy itself, which serves as collateral. If the borrower dies before the loan is repaid, the death benefit is used to repay the loan and any interest owed.
- Allows individuals to purchase larger life insurance policies than they might be able to afford otherwise, providing greater financial security for their loved ones in the event of their death.
- Enables individuals to preserve their cash and other liquid assets, which can be used for other investments or to cover unexpected expenses.
- Can provide tax benefits, such as the ability to deduct interest payments on the loan.
- May offer better returns than alternative investments, such as stocks or bonds.
- Can be a useful estate planning tool, helping individuals to transfer wealth to their heirs tax-efficiently.
- The policy’s cash value can be used to repay the loan, which means that the borrower may not have to repay the loan out of pocket.

Capital Gain Tax Elimination Strategies Using PPLI

Leveraging the power of Private Placement Life Insurance (PPLI), qualified individuals can create policies that enjoy tax-deferred growth, tax-free death benefits, and elimination of capital gains taxes on the appreciation of their assets.

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- PPLI is a specialized form of life insurance designed for high-net-worth individuals, offering a range of investment options that are not typically available in traditional life insurance policies.
- PPLI policies are issued by insurance companies that are not publicly traded, and are sold through private placements, making them exempt from registration with the SEC.
- PPLI policies offer tax-deferred growth, meaning that the policyholder does not have to pay taxes on any gains until they withdraw the funds.
- Policy loans can be used to allow for tax-free distributions from the asset’s appreciation inside the policy.
- PPLI can provide a flexible and customizable wealth planning tool, allowing individuals to tailor their policies to their specific investment needs and goals.
- PPLI policies can be used to transfer wealth to future generations in a tax-efficient manner, allowing policyholders to leave a legacy for their loved ones.
- PPLI can be particularly useful for individuals with large investment portfolios, as it allows them to avoid paying capital gains tax on the appreciation of their assets.
- The death benefit of the PPLI policy can be paid out to beneficiaries tax-free, providing a valuable source of liquidity to pay estate taxes and other expenses.
- PPLI policies are typically exempt from state and federal income tax, making them a tax-efficient investment option for high-net-worth individuals.

CASH FLOW CONTINUITY

Leveraging life insurance to create cash flow in retirement can be an excellent way to maximize your retirement income and minimize your tax exposure. The flexibility of modern life insurance products allows for a post-workforce income strategy tailored to your lifestyle.

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- The income received from a life insurance policy is generally tax-free, making it an attractive option for an income source.
- Many life insurance policies provide a guaranteed income stream, which can provide peace of mind for retirees.
- Life insurance policies can offer a lot of flexibility in terms of how income is received, including lump-sum payments or regular withdrawals.
- Life insurance policies can be used to help transfer wealth to heirs or to cover final expenses.
- Certain types of life insurance policies, such as whole life insurance, can accumulate cash value over time, which can be used as a source of income in later years.
- Life insurance policies can provide protection against unexpected events, such as premature death, that can impact retirement planning.

Sky Gem preserves your liquidity

PREMIUM FINANCE

Capital Gain Tax Elimination Strategies Using PPLI

CASH FLOW CONTINUITY

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