We have a creative financing program which allows individuals and companies with higher net worths to leave a $60 million legacy and get paid $80,000 per year tax free, with no investment required.
Here is basically how it works:
We get you a $60 million life insurance policy. The premiums for this are $400k/yr for 10 years, or $4 million. You get a loan for $4 million at a 3% interest rate. The interest charged by the bank yearly is $120k.
The $4 million is put into the life insurance policy, which guarantees a return of 5.35% annually, or $200k. From this is automatically paid $120k to the bank for the loan, and the remaining $80k is paid to you, as tax free income. When you pass on, your heirs receive $60 million, tax free, minus the $4 million principal.
We'll go more in-depth into how all this works when we meet.
-$3 mil net worth
-$250k gross income
-$100k in liquid assets
Axianta Financial Partners
21800 Oxnard St., Suite 900
Woodland Hills, Ca 91367