How High-Income Earners Can Proactively Navigate Biden's Tax Proposal

The information discussed in this podcast does not represent individualized investment advice, professional legal or tax advice, and should not be used to project or predict the success or suitability of any particular investment.  Actual results will vary depending upon an individual's age, health rating, premium amount, death benefit amount, insurance policy, interest rate, performance, and other variables.  Past performance is not indicative of future results.

PPLI and PPVA are exclusively available to Accredited Investors (net worth exceeding $1,000,000 or an annual income of over $200,000 for the last 2 years) and Qualified Purchasers (individuals with a minimum of $5,000,000 of investable assets).  Private Placement Life Insurance is an unregistered securities product and is not subject to the same regulatory requirements as registered variable products. As such, Private Placement Life Insurance (or Annuities) should only be presented to accredited investors or qualified purchasers as described by the Securities Act of 1933.

Disclaimer: The information discussed in this podcast does not represent individualized investment advice, professional legal or tax advice, and should not be used to project or predict the success or suitability of any particular investment. Actual results will vary depending upon an individual's age, health rating, premium amount, death benefit amount, insurance policy, interest rate, performance and other variables. Past performance is not indicative of future results.

Note regarding the use of LIBOR as a reference rate: The discontinuation of LIBOR as a reference rate, currently expected to occur after 2021, could have a significant impact on the investment products, the entities who sell these products, and the overall financial market, in general. Click here for more information.

View the infamous photo discussed in this episode: See photo. 

Risk Disclaimer:

While life settlement transactions may be a valuable source of liquidity for people whose life insurance needs have changed over time, and for those who would otherwise surrender their policies or allow them to lapse, they may not be suitable for everyone.

Schechter and its representatives do not provide legal or tax advice. Clients are encouraged to consult with their legal and tax professional(s) before engaging in a life settlement transaction.

The information discussed in this podcast does not represent individualized investment advice, professional legal or tax advice, and should not be used as a basis to project the success or suitability of any particular life settlement investment.  Actual results will vary depending upon the insured age, health rating, premium amount, death benefit amount, insurance policy, interest rate, performance, and other variables. Past performance is not indicative of future results.

Check out the infamous guitar chip mentioned in this episode: See picture.

The description of the premium financing product and S&P 500 index returns was solely for illustrative purposes to describe the product and are not based on actual returns.  Past performance is not indicative of future results.  Premium financing involves certain risks that you should be aware of before investing, including but not limited to, interest rate risk.  Specifically, the owner of a variable policy from a premium finance loan that uses a variable interest rate could end up owing more for the premium the policy is worth due to rising interest rates. Note regarding the use of LIBOR as a reference rate: The discontinuation of LIBOR as a reference rate, currently expected to occur after 2021, could have a significant impact on the investment products, the entities who sell these products, and the overall financial market, in general.  Click here for more information.

Forbes article: Cash Value Life Insurance Provides A Safe Harbor in Today’s Economic Storm 

https://www.forbes.com/sites/forbesfinancecouncil/2020/04/29/cash-value-life-insurance-provides-a-safe-harbor-in-todays-economic-storm/