And
pass the balance onto the heirs income and estate tax free.
The problem
The PAT (pension asset transfer) program is designed to provide more
for your client's heirs. Assume a couple intends to let a part of
their plan grow tax deferred to be eventually inherited by the heirs.
The plan growth is stunted by the MRDs and the associated tax on the
MRDs. And when the heirs inherit the tax deferred balance, the heirs
will face income taxation upon distributions. With the PAT program,
the couple can convert part of the tax deferred plan into a tax free
inheritance.
Want more
for your client's heirs, consider PAT.
1) Retirement
plan (IRAs, Sep-IRAs, commingled IRAs, 403(b) plans, 457 plans, and
most company retirement plans can be used with the PAT strategy) purchases
a 3 premium payment, 2nd to die life insurance policy. Assume a couple
ages 60 with average health. Their retirement plan pays $100,000 for
3 years to get $1,500,000 of coverage.
2) After
the plan has made three premium payments, the policy is still owned
by the retirement plan. Transfer the ownership of the policy to the
client. Pay tax on the policy's surrender value of only $150,000.
Note that the policy remains in force.
3) If your
client faces an estate tax consider transfering the policy one more
time to the client's heirs or to a trust for the benefit of the heirs.
Use $150,000 of the unified credit to enable the transfer. If there
is no estate tax, then your client can simply own the policy personally.
In summary,
there is one 2nd to die life insurance policy with three owners; the
retirement plan for three years, the client for a short time and the
client's heirs thereafter.
Bottom line
1)
Transfer $300,000 of out the retirement plan, pay tax on only $150,000
approximately three years from inception.
2) Grow
$300,000 of retirement plan $s (facing both income and perhaps estate
taxation) into $1,500,000 income and estate tax free for the heirs.
Why use GSL
Advisory?
1)
GSL Advisory's exclusive IRS nationally approved non standardized
prototype plan. All plans must be amended to implement the PAT plan.
GSL Advisory will amend every plan and will also seek a positive determination
letter on each and every case. Assures legal credibility.
2) Full
marketing presentation utilizing the appropriate insurance policy
to maximize benefits.
3) On going
technical support to maintain strategy viability. GSL Advisory will
work with the client's advisors to ascertain proper tax reporting.
How to get
started.
Join us
for a conference call where we will the make PAT presentation to you
as if you were the client. Click here to
order the sample client presentation and to learn about the times
of the PAT conference calls.
Roth - We
make the roth conversion presentation to you as if you were the client.
We also talk about the legal issues and the strengths and weaknesses
of the conversion program and how to handle objections. Roth Sales - How to sell the roth conversion program. We'll
show you how to generate leads for yourself. And what to say when
leads become prospects. And how to convert prosepcts into clients. PAT - We make the pension asset transfer presentation to you
as if you were the client. We also talk about the legal issues and
the strengths and weaknesses of the 'pat" program and how to
handle objections. PAT Sales - How to sell the PAT program. We'll show you how
to generate leads for yourself. And what to say when leads become
prospects. And how to convert prosepcts into clients.
------------------------------------------------------------------------------------------------------------------------- Roth = Roth conversion, Roth Sales = How to sell the
roth conversion program,
PAT = Pension Asset Transfer, PAT Sales = How to sell PAT
program.
*Note:
times below are west coast time. Add 1 hour for mountain time. Add 2
hours for central time. Add three hours for east coast time.
Monday
Wednesday
Friday
10:00
am PAT
10:00
am PAT
Sales
10:00
am PAT
12:00
noon Roth
12:00
noon Roth Sales
12:00
noon Roth
1)
FIRST, order the sample presentation.
To order the roth conversion presentation (froco), click
here.
To order the Roth Sales presentation, click
here.
To order the PAT presentation, click
here.
To order the PAT Sales presentation, click
here.
2)
SECOND, call (702) 579-4902 at one of the times mentioned above.
Grow
the IRA Or Qualified Plan Dollars Without Income Or Estate Tax
The PAT (pension asset transfer) program is designed to provide more
for your client's heirs. Assume a couple intends to let a part of
their plan grow tax deferred to be eventually inherited by the heirs.
The plan growth is stunted by the MRDs and the associated tax on the
MRDs. And when the heirs inherit the tax deferred balance, the heirs
will face income taxation upon distributions. With the PAT program,
the couple can convert part of the tax deferred plan into a tax free
inheritance.
1)
GSL Advisory's exclusive IRS nationally approved non standardized
prototype plan. All plans must be amended to implement the PAT plan.
GSL Advisory will amend every plan and will also seek a positive determination
letter on each and every case. Assures legal credibility.
