13105 NW Freeway, Ste. 1250
Business Planning Strategies
Charitable Planning Strategies
1Creation of the Captive Insurance Company subsidiary is arranged by an independent third party specialist.
2The use of cash value life insurance to provide a tax-free resource for retirement assumes that there is first a need for the death benefit protection. Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event. Withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxable event, but substantial tax ramifications could result upon contract lapse or surrender. Surrender charges may reduce the policy’s cash value in early years.
For advice concerning your own situation, please consult with your appropriate professional advisor.
3 Through our Professional Associates