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Life insurance can be an important piece of a well-crafted wealth transfer strategy for high-net-worth clients. By removing assets from the client’s taxable estate, permanent life insurance can significantly increase the amount of after-tax wealth parents and/or grandparents can pass on to younger generations.

No one understands the importance of planning better than business owners. Delivering projects on-time and on-budget for clients requires a tremendous amount of planning and communication.

Unfortunately, too often business owners don’t apply the same rigor to planning for the future of their own businesses as they do when planning for clients’ projects. Failing to plan for life after the founder or current owner(s) can have serious financial and emotional consequences for the business owner, the owner’s family and the business.