Does your life insurance firm NEED advisors with CPA, JD, LLM, MBA, CLU & ChFC after their names? Well, we think so... Combining our team's diverse knowledge and experience with life insurance products leads to uncommon solutions. We believe the more educated we are, the better we are. While our attorneys and CPAs don't draft legal documents or prepare tax returns, their experience helps us design custom solutions for our clients to positively impact family wealth. Since 1939, Schechter has been quietly working with families and their advisors to help: Increase Cash Yields from Existing Bond Portfolios Transfer Wealth to Reduce Gift and Estate Tax Leverage Philanthropic Gifts Reduce Costs of Existing Life Insurance Portfolio Sell Unwanted Existing Policies Robed V. Schechter; MBA, CLU, ChFC Jason R. Zimmerman; MBA, CLU Marc R. Schechter Robert M. Heinrich, JO liana K. Liss Robert F Boesiger, CPA, JD, LLM 1 Paul M. Snider Bradley K. Feldman, JD Joseph W. Maczuga, LIC, LUTCF I Christopher J. Hale' SCHECHTER WEALTH STRATEGIES UNCOMMON SOLUTIONS to Preserve, Leverage & Transfer 251 Pierce, Birmingham, MI i 248.73 .9500 www.schechterwealth.com *Securities offered through NFP Securities, Inc., a Broker/Dealer and Member FINRA/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 policy may 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 underwriting 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 keep the 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 strategy should be in place prior to accepting any financing arrangements. July 10 • 2008 A33