The Capital Maximization Strategy can be used whenever a large life insurance policy is purchased by a high net worth client. Succession Capital Alliance will review, package, and customize an individual solution based on each client's needs and resources. SCA consultants are experts at maximizing the benefits of funding life insurance using premium financing. Uses include:
Personal Life Insurance Needs
- Income Replacement
- Testamentary Gifts to Charity
- Supplemental Retirement Income Needs
- Loan Indemnification
Estate Planning
- Leverages the Annual Gift
- Substantially reduces, or eliminates Gift Tax
- Allows significantly more Estate Tax Liquidity (life insurance) to be purchased
Business Planning
- Cost Efficient Buy/Sell Funding
- Cost Efficient Key Person Insurance
- Cost Efficient Supplemental Executive Retirement Planning (SERP)