Case Study
Client/Challenge:
Mr. G, a 65 year old business owner, sold his company for $40 million. He wanted to eliminate estate taxes and get guaranteed retirement income.
Without WEALTHinsurance®:
Mr. G's retirement income would be cut in half, and his estate would have owed the government $18 million of taxes. His family would ultimately be left with a much smaller estate after paying the tax bill.
Outcome:
His family will be left with an additional $18 million because the estate tax liability was eliminated using a life insurance policy and his retirement income increased by 50% on a guaranteed basis, with no market or interest rate risk.