Wheat-DCP.png

SOLUTIONS

It takes dedication and perseverance to build generational wealth. It takes vision, preparedness, and desire – not to mention a focus to achieving your goals. If you are like most entrepreneurs, you’ve worked hard and made many sacrifices to grow your business or estate. It’s important to put as much meaningful energy into protecting your legacy as you did building it.  

Proper planning can help you protect your estate, ensure the continuation of your business and help ensure a succession in the manner of your choosing.  Our firm provides experience and focus to do just that.

LIFE INSURANCE


Life Insurance provides funding for families and businesses when they need it most.  It allows for individuals to maintain the life their families have built and businesses to continue an upward trajectory. It represents the certain in an uncertain time.

Types of life insurance:

  • Term life insurance
  • Permanent life insurance
  • Whole life insurance
  • Universal life insurance
  • Disability income insurance
 

BANK OWNED LIFE INSURANCE

BOLI is an institutionally priced insurance investment product that is designed to be a long-term asset for financial institutions.

The following are components of a results based BOLI program:

  • Increase bank earnings
  • Increase non-interest income
  • Reduce income taxes
  • Increase shareholder value and dividends
  • Finance or offset the costs associated with employee compensation and benefit plans
  • Recover the cost of providing pre- and post-retirement employee benefits

PREMIUM FINANCE


Premium financing life insurance combines the use of life insurance to address an estate or business need with the borrowing of money from a lending institution to pay premiums on a life insurance policy. Historically, high net-worth and ultra high net worth individuals have used premium financing for a number of reasons:

  • Eliminate the use of working capital or cash flow to fund life insurance premiums
  • Efficient ways to purchase death benefit protection
  • Allows use of leverage to transfer family assets to heirs
  • Increase impact of family charitable initiatives
  • Preservation of generational asseth