Brokers Alliance can assist independent insurance agents with advanced planning strategies. We can provide the life insurance training and life insurance services that will set up agents and advisors to sell these more advanced plans with confidence.
The Charitable Lead Trust
Contribute monies into Strategy 4. Receive a deduction that can be used to offset an IRA to ROTH conversation. Money is distributed every year to a charity of your choice. After the term has been fulfilled, Strategy 4 will provide remaining assets to the client or elected beneficiaries.
The Charitable Remainder Trust
This is the inverse of a Strategy 4. An individual provides a portion of assets to Strategy 5 and receives a tax deduction. Recurring distributions are received as income to the client. Strategy 5 uses a tax exempt entity to sell appreciated assets – to avoid capital gains. After the term of Strategy 5 has been fulfilled, the remaining value goes to the charity of your choice.