Jul '23 in General discussion
Twins reveal a crack in their thinking
I have an interesting follow up to the Planned Giving case I did in 2022. My client has realized what an opportunity he missed some 40 years ago in not buying an good whole life or UL policy for his own personal accumulation of wealth. So he has asked me to put together a plan for his twins. One is a Boy and one is a girl. We are showing both at 29 and a million dollars. Well what do you know. The guideline level premium is the maximum you can deposit annually without creating a Modified Endowment Contract and losing most of the great tax favored features of life insurance accumulations. For the daughter the GLP is $37,539 for her twin brother the GLP is $44,450.
The Guideline Single Premium for the daughter is $174,931 and for her twin brother is $197,563.
Transgender rights do not over ride biology. Something to consider is that the crazy Social Justice warriors may force us all to go Unisex and that just means higher costs. If I were a woman and needed life insurance I would get mine ASAP! Any thoughts or comments?
2
1 comment
Twins reveal a crack in their thinking
skool.com/collaborative-free-community-6432
Free access: Learn how partnering with our back-office team will allow you to scale like no other business model. Chat and network with other members.
Leaderboard (30-day)
1
+5
2
+5
3
+2
4
+2
5
+2
powered by