A Whole New Way of Thinking for - High Net Worth Families
ABILTM for Individuals
You have worked hard to create and expand your wealth so you should work equally hard to preserve it. You are proud of your legacy and want to pass it on to your next generation or you want to continue your legacy through support of your alma mater, church or favorite charity. While you are already addressing this situation by setting up trusts, gifting and using other traditional estate planning techniques, you want to do more. You want to keep your assets working for you.
In the past, your options were limited. You could do nothing and let the family sort it out and pay significant estate and gift taxes, or you would simply pay for life insurance. The drawback to the first option is clear - immediate asset liquidation to offset the highest possible estate taxes. This generally results in clients losing in excess of 50 percent of their estate after death.
The second option, paying for life insurance out of pocket, is often an expensive choice. Premium payments are high, gift taxes may be triggered and the opportunity cost of lost revenues by liquidating assets to pay the premiums could actually have you paying more than the amount of your wealth that is actually passed on at life expectancy.
The need for protecting wealth from creditors, predators and taxation has never been greater and now is the ideal time to take steps to safe guard your hard earned money. But what if one investment decision would allow people that have created substantial wealth keep it that way? The ABIL PlanTM allows individuals and families to purchase life insurance as a vehicle for wealth preservation and distribution to the next generation with little or no out-of-pocket cash.
"Innovation is not the product of logical thought, although the result is tied to logical structure."
Albert Einstein
