Specialized Funding
Proven planning techniques that leverage premium structures to conserve capital and enhance funding efficiency.
Asset preservation for the next generation.
By utilizing different planning techniques and premium funding strategies, an efficient life insurance plan can meet specific planning objectives and preserve assets.
Spread the Wealth
Funding techniques that move wealth from your generation to the next through insurance trusts or gifting.
Smaller Taxable Estate
Removing funds from a taxable estate year after year to alleviate the ultimate estate tax burden.
CUSTOM PLANNING
Advanced Design
1
Determine Need
Together we define what is important to you, your family, and your business. If premium funding is a concern, specialized funding options are considered.
2
Stress Test Premium
Heirmark will complete a comprehensive analysis for review, so all parties can make an educated decision about the life insurance need and determine the best path for funding the policy.
3
Advisory Team Synergy
Heirmark cannot provide tax or legal advice. We work with your advisory team to review the options and help you make an educated decision about the funding structure that works best for you.
4
Implement Funding
You select the plan that fits best. Your advisory team drafts documents and agreements to enact the funding plan. Heirmark coordinates and executes the life insurance acquisition.
Premium Financing
A planning technique that leverages financed dollars to minimize out-of-pocket life insurance premium expenses.
Split Dollar
A planning technique that uses funds from a third party to pay life insurance premiums.
Life Insurance Trusts
A planning technique where a trust is the owner and beneficiary of a life insurance policy, removing it from the grantor's taxable estate.
Gift Tax Exemption
A planning technique used to transfer wealth to beneficiaries tax-free, reducing the size of a taxable estate and removing future asset appreciation from taxation.
Faqs
Frequently Asked Questions
Find answers to your questions about Heirmark's life insurance solutions, underwriting process, and advisory services.
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Premium financing and split dollar are planning techniques that decrease the out-of-pocket expense of life insurance premiums for well-qualified individuals and businesses.