LIVING INSURANCE

For many years, life insurance has been a superior investment used to safely accumulate wealth and shelter large sums of cash from taxation. Unfortunately for those not informed, life insurance has forever been associated with death. It is commonly viewed as a necessary evil, or even a waste of money. Contrary to popular belief, present day life insurance can be used to safely store cash, earn an attractive rate of return, and provide tax advantages unparalleled by any other investment vehicle available. Life insurance is designed to be used during our life time, hence we call it “living insurance.” A properly structured insurance contract can insure that you never outlive your cash. Besides, if it was meant for death, don’t you think someone would have called it “Death Insurance?”

Unlike mutual funds or qualified plans, cash inside a life insurance contract can grow tax deferred, and can be accessed tax-free under certain provisions. Compound these benefits with the ability to access cash values in a policy without strings attached, and of course a tax-free death benefit, and life insurance is a powerful tool for creating and preserving wealth in the 21st century. As a retiree, would you prefer to share your nest egg with Uncle Sam, or hold onto every dollar you had saved? When structured properly, life insurance offers the ability to accumulate serious cash, and under certain provisions, allows access to this cash tax-free! Bluntly put, if you don’t plan ahead, count on donating to Uncle Sam. DOWNLOAD PDF