Mrs. Collins' estate plans called for a bequest of at least $10 million to each of her three children ($30 million total) - with the balance going into a charitable trust for division among several different organizations. She needs a solution that could help to alleviate the tax burden on her estate.
The estate tax for each of the three individual bequests to her children was anticipated to be $3.3 million ($9.9 million in total). Since Mrs. Collins was committed to providing the maximum amount possible to both her children and the charitable organizations she had supported for many years, she needed a solution that could help to alleviate the tax burden on her estate.
After looking at a range of options provided by her financial planner, Mrs. Collins settled on a traditional premium financing arrangement from GFD’s Leveraged Planning Solutions for Individuals offering.
Using Leveraged Planning® Solutions for Individuals, Mrs. Collins was able to fully fundher estate planning needs and provide her with the peace of mind she was seeking.
With Leveraged Planning, Mr. Cena structured a funding strategy for his future income needs that would net a lifetime savings of nearly 60% - $2,000,000 compared to using the traditional savings method.
Using a Leveraged Planning solution helped REVTECH realize a significant improvement in their projected annual cash fl ow and provided a buy-sell arrangement to secure an excellent transition strategy for a key executive.