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Case Study: Mr. PC (Video and Case Study)

The Situation: Mr. PC has Property & Casualty insurance with a popular national insurance company which had not been shopped around the market in over five years. Mr. PC has multiple homes and policies with different renewal dates and provisions. Conclusion: More can cost less. Contact us to find out how.

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Dr. Insurance

January 14, 2019
Dr. Insurance

The Situation: The client had all the life insurance they needed but wanted an analysis of the policies they owned. They were unsure if they should keep their policies or drop their policies. If keeping, what was the best way to fund?

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Split Dollar Solution for C Corp Business Owners

In recent years, split-dollar life insurance arrangements have made a comeback as a key benefit strategy for businesses who want to incentivize their key employees.  TDC’s Tyler Horning further discuss the effectiveness of split-dollar life insurance by sharing a powerful technique to use with business owners who have significant capital tied up in a C Corp and are trying to avoid the double taxation problem. 

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Mr. and Mrs. Long-Term Care

The Situation: Mr. Long-Term Care (LTC) and Mrs. LTC client in late 60s. Successful business owner. Mrs. LTC wanted to make sure the kids would never have to care for them. Mr. LTC wanted to make sure the wife was taken care of if something happened to him.

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CEO Income Protection

December 22, 2018
CEO Income Protection

The Situation: Client sought to provide income replacement coverage for a high-powered CEO. Working with an individual whose earnings exceed $1.3 million annually, traditional disability carriers were insufficient due to the client’s high earning and current age.

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Why Educating Grantors About Policy Mechanics Just Makes Sense

As we’ve all heard before, there continues to be an overwhelming gap between the mechanics of one’s life insurance policy, and what typical policyowners truly understand about how their policy work. Here are some important reasons why TOLI Trustees should be reaching out to grantors to refresh their knowledge about policy mechanics as outlined by John Bikus of ITM Twenty First.

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Key Person Disability Insurance

The Situation: A private equity firm lost a CEO of one of their key portfolio companies to a disability after he suffered a stroke. While the firm had purchased key person life insurance, yet this coverage did not protect them in the event of the stroke. They incurred a significant financial loss as the CEO can no longer perform his duties.

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Important News: IRS Announcement

In the midst of the holiday season, the IRS has handed out a gift to wealthy clients last week by officially announcing that there will be no "clawback" of any unified credit used before 2026 when the exemption reverts back to a $5M exemption. Learn more by reading Advanced Markets contributor Carly Brooks’ short article on what this means for clients.

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10 Ways to Leave a Life Insurance Policy

Life insurance provides an extremely valuable form of protection; however, due to changes in a person’s life, there may no longer be a need for coverage. Maybe you are a policy owner who no longer wants or needs your life insurance policy but are not sure what to do.

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