Do you need to: Shelter your money from the government?
Find a method of leverage to use existing funds Re-invest capital into your business or another qualified investment Accomplish these goals in a tax efficient manner.
The Investment Loan Strategy (ILS)
The SOLUTION
Working with our advisor, you can set-up an insurance-based solution to meet these needs.
The Investment Loan Strategy offers you the opportunity to:
- Purchase valuable insurance protection by making premium payments into a universal life policy
- Uuse the Maximum Loan Value of the policy as a vehicle for obtaining a series of policy loans
- Re-invest the proceeds of the policy into your business or another qualified investments
- Offset a portion or all of your life insurance charges from the tax savings you receive if you qualify to deduct the interest payments you have made on each policy loan
The RESULT
You will receive valuable insurance protection and a source of capital (via policy loans) that you may use for investment purposes. This can help you reduce your net outlay for insurance protection.
Policy loan interest maybe deductible if the general conditions for interest deductibility are met, i.e. the policy loan must be used for the purposes of gaining or producing income from a business or property.
