During the past 18 months of the Covid Crisis I have been fortunate to be able to continue Networking with many different types of advisors and providers. One of the more interesting providers I met is a group that can provide high value Life Insurance with no cash layout and no premium payments.
This Estate Planning Strategy has several net-worth requirements and
My understanding of the program is that you would put a current asset as “collateral”, they would work with specific banks to write and issue a bond that covers all costs and premiums.
I was very intrigued by this Estate Planning Strategy and simply wanted to bring it to your attention. If you would like more detailed information, I would be happy to introduce you to the individuals I networked with.