Do you have clients over the age of 60 who have accumulated significant tax liabilities in their estate? Do you have clients who have accumulated wealth inside holding companies that is not required for consumption?
We work hand in hand with you and the client’s other professional advisors to establish a plan to first eliminate estate taxes and, where the tax cannot be eliminated, fund the remainder in the most efficient way possible.
As you know, the most expensive way to pay these taxes is to have an estate write a cheque for the amount due. We look at ways to dramatically reduce this cost utilizing various financial instruments, including life insurance. The tax characteristics of life insurance can have a profoundly positive financial impact for our clients and their beneficiaries.