Taxpayers Relief Act of 2012 represents an opportunity to transfer
significant wealth to heirs without estate or gift tax. Rather than cite the tax increases and
changes that negatively impact your high net worth client, we prefer to focus
on uncovering opportunities that will benefit them NOW by exploring the
permanent lifetime gift exclusion. It’s
just a phone call away.
As a result of the recent enactment of the Tax Relief Act our design team has been working diligently to create wealth transfer strategies that incorporate the newly increased life time gift exemption of $5,000,000.
There are a number of planning techniques that can help your clients transfer assets to their heirs without triggering gift taxes now or estate taxes later. Whether the equivalent exemption remains at $5 million or is changed in the future, we have exclusively designed a strategy that increases the future value of the $5 million gift by 4 times, 5 times, or even 8 times regardless of investment results AND does not require time to mature. Naturally, this is dependent on your individual client’s objectives and circumstances, but knowledge is power and we offer a solution worth exploring.
To learn how some unique planning techniques may contribute to your success with your estate planning work and to find out how the services and products we offer can be used to support your estate planning and asset protection cases, contact us by phone or e-mail and we will arrange a time to discuss our services.
“Our second annual conference was a huge success”, stated Julian Movsesian, President of CMS – Succession Capital Alliance. “It demonstrated that our commitment to providing the effective design and application of traditional premium financing is stronger than ever; and that our carrier partners support our message” continued Mr. Movsesian. Platinum Sponsors for this year’s conference were Pacific Life and NFP, along with Aviva, John Hancock, Axa Equitable, and Sun Life as Gold Sponsors.
The focus of the 2010 conference agenda was to provide more advanced designs and techniques in both estate and business planning applications that promote the sale of large life insurance policies using CMS. By design, the majority of the 150 attendees did not attend the 2009 conference. Both new and seasoned advisors who attended were there to learn more about applying leverage in the planning for their high net worth clientele. This year an “invitation only” approach was utilized to maximize the conference’s effectiveness. Speakers and topics were hand selected to bring home the point that Traditional Premium Financing is both effective and efficient.
“Now that our second annual Traditional Premium Financing conference for 2010 is behind us we are flooded with positive feedback from those who attended, which has far exceeded expectations”, commented Dean De Marco, Chief Operating Officer of CMS – Succession Capital Alliance.
Insurance professionals who attended were provided the tools necessary to enhance their practice using traditional premium financing and learned that partnering with Succession Capital Alliance will bring their large cases to the finish line. As stated by one attendee, “Having the opportunity to see and explore the resources and options provided through the CMS - Succession Capital platform was an eye opening opportunity that will assist my practice in reaching a new level.”
Last year’s Traditional Premium Financing Conference was such a success that we’re happy to be hosting the 2nd annual Traditional Premium Financing Conference held in Las Vegas at the prestigious THEhotel, August 17th thru August 19th.
The meeting will officially begin Wednesday, August 18th at 8:30am and end Thursday, August 19th at 5:00 pm. Each day of informative and educational meetings will begin with a full breakfast and lunch, followed by a hosted networking opportunity serving premium cocktails and gourmet hor d’oeurves.
The cost to attend is $500 which is an excellent value that includes:
§ Welcome Cocktail Reception
§ Learn advanced estate and business planning applications using Traditional Premium Financing
§ Two nights stay at the exclusive THEhotel at Mandalay Bay
§ Two full days of educational and sales driven meetings with industry experts
§ Breakfast and Lunch served on both meeting days
§ Hosted evening networking reception with a gourmet selection of hor d’oeurves
§ In-room WiFi Service
§ Access to Spa and Fitness Room
Please visit http://www.successioncapital.com/Premium-Event-2010 if you would like to attend. We look forward to seeing you in Las Vegas!
SCA will be attending the annual AALU Conference April 25th thru 28th in Washington DC. As a Sponsor and Exhibitor we will be promoting the use and understanding of Traditional Premium Financing (CMS) using our mutiple lender platform. The AALU Conference has always been a collection of quality producers and financial professionals.
SCA participated in the International Forum annual conference that was held in Orlando at the Waldorf Astoria Hotel on Feb 16th thru Feb 20th.
The International Forum is a member association of life insurance producers within the life insurance industry. It was an excellent opportunity to network and share ideas with the elite membership in regard to traditional premium financing using CMS. Now that IOLI programs have been eliminated and hybrid programs are becoming increasingly more difficult to obtain, the CMS traditional premium financing program represents a back-to-basics approach and has demonstrated value in purchasing large life insurance policies for business and estate planning purposes.
The educational meetings provided ideas in all aspects of the life insurance industry. International Forum producers utilize CMS and recognize the value added benefit of using SCA to design, communicate, and provide funding using their multiple lender platform.
Securing a premium finance loan in today’s credit environment requires more due diligence than in the past from both the lender and the producer. Producers and advisors are recognizing that there is more to recommending a premium finance strategy than just the discounted outlay. Among the myriad of lenders and the loan programs they offer, it has become more difficult to ensure that the best loan program is being recommended to the client without being aware of the other programs that are available. Producers and advisors are freely accepting this liability without fully understanding that it exists.
There are many loan program promoters, but only a few organizations dedicated to providing premium financing direction to the industry. Still fewer are companies capable of providing custom financing designs that can be used for estate and business planning and are also recognized as experts. CMS – Succession Capital Alliance continues to be viewed as experts in the industry. The loan program they offer is the Capital Maximization Strategy, or CMS. CMS continues to be the largest and longest running traditional premium financing program and is endorsed by many reputable life insurance carriers. A key strength in CMS – Succession Capital Alliance is not just limited to experience, but their due diligence in selecting the best suited loan program among their multiple lender platform.
The tightening of credit within the industry has further strengthened traditional premium financing as a valid tool in purchasing life insurance. Know your client, and choose your expert when it comes to premium financing to ensure you have all your bases covered.
CMS Succession Capital Alliance sincerely thanks our friends and clients with best wishes for a joyous holiday season. We look forward to continuing to provide innovative business succession and estate planning solutions in 2010.
“There has never been a better time for premium financing” quotes the November edition of California Broker Magazine. CMS Succession Capital Alliance is proud of the industry’s recent media coverage of the benefits of Traditional Premium Financing. Both California Broker Magazine and InsuranceNewsNet Magazine feature articles this month that can be found under the News section of our website.
Our first Traditional Premium Financing Conference in Las Vegas was an overwhelming success. With over 300 attendees, including advisors, carrier executives, and representatives from some of the leading law firms in the country, it was a great forum for in-depth discussions on marketing and funding life insurance policies for high net worth individuals and businesses. Please visit our Events page on our website for a recap and photos from this one-of-a-kind industry event.
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