Posts Tagged ‘asset protection’

Asset Protection and Tax-Free Wealth Building Via a Life Insurance Dynasty Trust

In these times of eroding property rights, punitive tax rates, and financial insecurity, a U.S. taxpayer can use an irrevocable life insurance trust to protect trust property against creditors, legally avoid U.S. taxes, and also enjoy trust assets.  Generally, a carefully-designed irrevocable life-insurance dynasty trust (or generation skipping transfer (GST) trust) provides tax-free growth of […]

Offshore Private Placement Life Insurance Trust – Funding a Dynasty Trust By Multiple Grantors

Private placement life insurance (PPLI) typically requires a minimum premium commitment of $1 million or more.  By pooling their available assets, two or more grantors of (i.e., contributors to) an irrevocable life insurance trust (ILIT) can reach the minimum premium commitment of a PPLI policy.  The insured may be one of the grantors, but need […]

Diabetes Life Insurance

It is said that an estimated 7-percent or 21 million people have diabetes and another 4 million having pre-diabetes. If you know you have diabetes that is somehow managed, and you want a diabetes life insurance to help you then you should consider these tips on how to secure yourself a diabetes life insurance. Tips […]

Finding the Best Insurance Company

Before looking for a life insurance company, make sure that you first decide on the type or form of life insurance you need. There are usually three types of life insurance you can choose from: term life, whole life, and a universal life. Though cheaper, term life insurance will only cover you for a limited […]

An Introduction to Medical Life Insurance

Most people buy life insurance in order to make sure that their loved ones, particularly dependents, remain financially secure after they pass away from this world. If you happen to have a health problem or you previously suffered from a medical ailment, it is likely that you will find it difficult to acquire life insurance. […]