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REGISTER NOW: Uncover New Opportunities with Mirrored Loans

Published on April 26, 2022

 

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YOU'RE INVITED!

Uncover New Opportunities with Mirrored Loans

Do you have clients with large loans on their existing life insurance policies? These policies could be drowning from high interest costs, leaving the client with an unexpected tax problem (and no insurance coverage). For clients with loans in danger of lapse, the mirrored loans strategy could help.

Please join us for an exclusive GBS webinar discussing strategies for rescuing old whole life contracts (and other cash value contracts) that have large outstanding loans.

In this 30 minute webinar we will discuss:

  • Where to find these opportunities.
  • Avoiding costly tax mistakes for your clients.
  • Creative 1035 techniques.
  • How to pay off loan with internal cash values.
  • How to get paid on the ENTIRE Gross 1035, not just the net cash value.
  • How to rescue encumbered policies with high loan-to-cash ratios, even 90%.

Join us on Tuesday, May 17, 2022

10:00 a.m. PST / 1:00 p.m. EST

Charles Perrault III, CFP, CLU, ChFC

Director, Advanced Planning

Prudential Financial, Inc.

Chuck Perrault joined Prudential's Advanced Planning team in 2014, and currently brings over seven years of experience to the role. As part of Advanced Planning, Chuck has helped producers develop and close a variety of complex cases, including being a leading resource for Mirrored Loans cases and questions. Chuck is also responsible for producing much of the marketing presentations and content seen at our meetings. In addition to those responsibilities, Chuck is on the road weekly to present at meetings and conferences around the country. Prior to joining Advanced Planning, Chuck began his career at Prudential as a Sales Consultant. He was awarded the Sales Consultant of the Year in 2014.

Specialties: Mirrored Loans, Foreign Nationals, Estate Planning

 

THANK YOU

 

We at GBS Insurance thank you again for your business. For more information or insurance quote requests, please contact your brokerage manager or give us a call at (800) 473-5966

For agent use only - not for use with the general public.

Corporate CA License No. 0D87913

21820 Burbank Blvd., Suite 301

Woodland Hills, CA 91367

Phone: (800) 473-5966

GBS Insurance and Financial Services, Inc. do not provide investment, tax, or legal advice. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

© 2022 Arthur J. Gallagher & Co. 

 

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