The Irrevocable Life Insurance Trust is an important significant tool in the arsenal of estate planning techniques use by attorneys, accountants, life insurance and financial planning professionals.

It’s ability, properly drafted, to meet client goals and objectives, keep insurance proceeds out of the estate(s) of the insured(s) and allow the grantor to frame the distributive scheme to this beneficiaries, and even provide for flexibility within its proper parameters can make the irrevocable trust an important estate planning consideration.

This presentation is a primer on basic estate tax considerations — what is the estate tax, how is it structured, how does it operate, what are the planning challenges, what are basic tools that the client needs to consider, what are some traps for the unwary, etc.

Meeting long-term care needs is an essential component of retirement and life financial planning.  Traditional stand-alone Long-Term Care Insurance, (LTCI), a determined industry response to the consumer need, is suffering  — battered by increased premium costs, reduced benefits, poor investment earnings, poor underwriting models, increasing healthcare costs, etc.

This is our opportunity to serve our clients — educate and present product and planning choices, alternatives and partners to traditional LTCI.

This is a discussion of a planning methodology that can be a viable option to secure a retirement income stream for an adult beneficiary of a trust.  With this strategy,the “next” generation adult child can have an appropriate annuity to all him or her to approach planning retirement years with a sustainable desire income.

Using an Executive Bonus and Annuity to meet important and key retirement financial goals and objectives for key employees and/or owners of corporations.  It’s a dynamic combination with potential tax effectives for both company and executive bonus recipient — joins the hallmarks of Executive Bonus arrangements with product benefits of annuities.

Authored articles and “white papers,” for wholesaler and broker use on advanced planning topics and tools particularly relating to integration/role of annuities in planning and utilized a variety of media to distribute message.

Trained and educated external and internal wholesalers, business partners and associates in areas of estate planning; business succession planning; estate, gift and income tax planning; risk management; philanthropic estate planning/charitable giving and overall holistic perspective to meeting consumer goals for income and protection.  Authored and developed seminar and concept educational materials utilizing different communication media.

Developed and implemented Advanced Training Certification Program for Internal wholesalers — certification in partnership with Barney School of Business, University of Hartford.

Partnered with Training, Legal, Compliance, Marketing, Product Development, and Management Divisions to enhance marketing opportunities, ensure best practices, and provide technical advanced marketing support.

Responded to key and/or complex advanced market issues and tax questions from top distribution channels and key home office executives and worked with client advisors where appropriate.