Offshore Private Placement Life Insurance policyholders are not overly interested in insurance. They are interested in currency and jurisdiction diversification. They are interested in tax protected offshore investments and offshore banking.
They purchase the least insurance which will “wrap around” their offshore investments and provide them the tax and asset protection benefits sought. No Income or Estate Tax on Policy Onshore or Offshore Investments. Policy Cash Value Is 100% Asset Protected.
The "Tax Wrapper": For The Client Who
Wants Asset Protection Plus Income, Capital Gains And Estate Tax Protection
PPLI Provides the Absolute Strongest Asset Protection. Stronger then a Trust Because
When a juror is presented with someone accused of doing wrong, is he more likely to believe someone who has placed $2m into an insurance policy to protect his family, or $2m into an offshore trust?
Jurors themselves have insurance. They understand the importance of taking care of their family.
Insurance is the business reason to purchase insurance. What is the business reason to place money offshore with people you have never met?
Jurors listen to the government stigmatizing trusts. Insurance is not stigmatized, it is encouraged.
Advantages of Offshore PPLI
Foreign PPLI is not the same as domestic PPLI. Foreign PPLI is an individually customized investment vehicles which until recently were only available to high net worth persons. See New York Times: An Untapped Investment for the Affluent
PPLI offers the same tax benefits whether domestic or foreign, provided they are U.S. tax compliant. However, foreign policies allow greater investment flexibility. They can be custom written for you in a way that is not done with domestic policies. Policy earnings, interest and capital gains, are not taxed to the policy owner. All earning accumulate within the policy free of all taxes. Policyholders can access cash in their policy through loans and withdrawals.
Why PPLI?
Investors do not want to buy mandated mutual funds set up by the insurance carrier. They want their own money managers to select the policy's offshore investments. They want choice. They want tax advantageous investment vehicles. They use insurance as a "tax wrapper" inside of which there is a "no tax zone". In addition they want to keep assets in jurisdictions whose laws are asset protective and creditor repellent. Many want offshore investments that are not dollar denominated. They seek diversification.
Premiums can be paid in kind when necessary. So, you can make a premium payment by contributing stock instead of paying cash. The sale of stock to a PPLI is a technique used to sell a corporation at a considerably reduced tax cost. See Business Brokers.
What is the Difference Between Onshore and Offshore PPLI?
Eliminated are commissions that can run 100% in year 1. With Offshore PPLI more premium dollars are going towards your cash value investments.
You can select the investment manager for your policy as well as the bank or brokerage firm where your policies cash value is deposited.
Offshore provides the maximum level of protection against legal action and creditors. The offshore investments in the policy are not available for a creditor to grab.
Offshore PPLI policies allow for highly tax advantages borrowing from the policy. Please contact us for more information on this important issue.
With our Free Consultation you have nothing to lose.
Don’t delay and become a victim! Call 1-818-906-0126
Less Regulation: The IRS Applies Offshore. However, Offshore Policies Are Free Of Insurance Commissioners, The SEC And All Other U.S. Regulatory Bodies.
Offshore Insurors Reinsure 95% Of Their Risk With Major U.S. Reinsurors.
