Welcome to Life Policy Pros, Inc.
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With over 68 years of combined experience in financial services with a concentration in life insurance planning and design, our practice is focused on partnering with independent financial advisors and insurance agents to help them grow their practice and increase profitability.
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Our Focus
1. Tax free income for High Net WorthLife Policy Pros Inc. has a preferred relationship with NIW Corp, a nationally recognized leader in premium finance life insurance. Their proprietary product, "Kai-Zen" is one of the ONLY strategies that uses leverage to help the client acquire more of the insurance benefits they need to financially protect them and their family. Kai-Zen's unique fusion of financing and life insurance offers the client more death benefit and helps supplement retirement more than they could without leverage.
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2. IRA RescueMost people have their retirement savings in IRA's and 401k's. These potential tax time bombs are a win for the tax man and a loss for the client. Future taxes will be paid when money is needed most in retirement and at unknown and potentially higher tax rates. Systematic transfers to tax-favored plans, Roth conversion like, could provide substantially more benefits.
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3. Efficient Wealth Creation and TransferLife insurance creates more long-term wealth than any other investment. Because this wealth is income tax-free, it is much more valuable than tax-deferred retirement savings that are at the mercy of future higher tax rates. It's the leverage that creates the wealth. Life insurance is the only investment where one dollar can do the work of many and the result is guaranteed and tax-free. With an IRA for example, it would take many years to multiply that balance; and when it is withdrawn, it will be diminished by taxes.
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4. Asset ProtectionLife insurance is considered the financial product of choice for protecting the economic security for the client and their family. The insurance industry has added riders that allow clients to access the death benefit portion of their life insurance policy in the event of chronic long-term illness, critical illness or terminal illness.
This accessibility to these tax-free funds, allows the choice to not accelerate withdrawals from qualified plans, or liquidation of other assets, thus incurring additional taxes and leaving a surviving spouse with diminished financial security. |
5. Estate Planning / Premium Financed Life Insurance
"On July 1, 1862, the U.S. Congress enacted a 'duty or tax' with respect to certain 'legacies or distributive shares arising from personal property' passing, either by will or intestacy, from deceased persons. The modern U.S. estate tax was enacted on September 8, 1916 under section 201 of the Revenue Act of 1916."
The most successful people we work with are committed to creating and building wealth, and they don't always implement the best strategies to protect it. A proactive estate tax strategy is essential to ensure that a lifetime of your hard work passes with the same purpose to it's intended beneficiaries. At Life Policy Pros, Inc, we use leverage to purchase the life insurance you need, which allows you to keep assets within your control, continue to earn a rate of return, and not trigger gift tax.
The most successful people we work with are committed to creating and building wealth, and they don't always implement the best strategies to protect it. A proactive estate tax strategy is essential to ensure that a lifetime of your hard work passes with the same purpose to it's intended beneficiaries. At Life Policy Pros, Inc, we use leverage to purchase the life insurance you need, which allows you to keep assets within your control, continue to earn a rate of return, and not trigger gift tax.
Let's discuss your next client opportunity. Call us today at 609-238-9391.
info@lifepolicypros.org
"Partnering with Life Policy Pros, Inc. is one way a producer can help grow their practice and build deeper more meaningful relationships with their clients."
