Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options


Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

June 26, 2008 - Image 43

Resource type:
The Detroit Jewish News, 2008-06-26

Disclaimer: Computer generated plain text may have errors. Read more about this.


real money

in selling your

life insurance capacity


and real risk.

If you're over 70, you may have been approached with a "something for nothing" opportunity involving Premium Financed Life Insurance.

This is not "something for nothing", Insurance capacity is valuable. You must understand ALL of your options as well as the potential legal

and tax consequences created by many programs. Talk to Schechter to learn how to help maximize the value of your Life Insurance

Capacity. Our multi-disciplined team will help you and your advisors find ways to utilize this asset.






Cash Flows Often in Excess
of Fixed Income Yields

Wealth to Reduce
Gift and Estate Tax

Costs of Existing Life
Insurance Portfolio

Existing Policies

Potential Value of Life
Insurance Capacity


Robert Schechter, MBA, CLU, ChFC • Jason Zimmerman, MBA, CLU • Marc R. Schechter . Robert M. Heinrich, JO
Paul Snider • Robert F. Boesiger, CPA, JD, LLM . Bradley K. Feldman, JO . Kelli Saperstein • liana Liss • Christopher Hale




to Preserve, Leverage & Transfer

251 Pierce, Birmingham, MI • 248.731.9500 • www.schechterwealth.com

Securities offered through NFP Securities, Inc., a Broker/Dealer and Member RINRA/SIPC. Schechter Wealth Strategies is an affiliate of NFP Securities, Inc. and a subsidiary of National Financial Partners Corp., the parent company of NFP Securities, Inc. Neither National Financial Partners Corp. nor NFP Securities, Inc. offer
tax or legal advice. The number of bidders for a policymay be limited, proceeds from sales of similar policies may vary and may be subject to claims of creditors. Receipt of proceeds may impact eligibility for government benefits and entitlements. Prior to sale, the insured should consider the continued need for coverage, impact to
estate plans,availability of insurance, cost of comparable coverage, tax implications. There may be high fees associated with the sale of a life settlement. Premium Financing is subject to the lender's collateral and financial undenvriting requirements. Lenders typically require additional collateral during the early years of a policy
in the form of cash,cash equivalents, marketable securities,a personal guaranty or a letter of credit from a bank approved by the lender.Interests in closely held businesses and real estate are not generally acceptable collateral. Premium Financing is complex and involves many risks, such as the possibility of policy lapse,
loss of collateral, interest rate and market uncertainty„ and failure to re-qualify with the lender to keepthe financing in place and maintain the desired level of insurance protection. In certain situations, additional out-of-pocket contributions may be required to retire the debt and/or maintain the desired level of insurance
protection. A well planned exit strategyshould be in place prior to accepting any financing arrangements.

June 26 Q 200$


Back to Top

© 2021 Regents of the University of Michigan