Private Placement Insurance and Premium Financing
Two-part presentation on creative, nontraditional uses of life insurance. It will be a 1 hour zoom presentation featuring two very different but effective, not ordinary, uses of life insurance
Part I - Private Placement Life Insurance in a rising tax environment. High net worth individuals are looking for tax efficient ways to build and transfer wealth. Dennis McMahon of M Financial Group outlines the benefits of these specialty life insurance policies for qualified investors (30 minutes)
Part II - Life insurance in the secondary market. As planning changes, so does a client's insurance needs. Lawrence Adamo outlines the opportunities available to clients and outlines the value of life insurance assets in the secondary market (30 minutes).
Lawrence Adamo CLU®, ChFC®, REBC®, CLTC®, CFS®
Lawrence has over 34 years of experience in the financial services industry and has earned numerous professional designations from the American College: Charted Life Underwriter, Chartered Financial Consultant, Registered Employee Benefit Consultant, Certified In Long -Term Care and Certified Fund Specialist. In addition, he serves as a board member for both the Women Like Us Foundation and the Metro Professional Network.
Before founding Adamo Insurance Services, Lawrence transitioned his financial planning equity practice to UBS to concentrate on the areas of maximizing tax-advantaged multi-generational wealth transfer and creating supplemental income not subject to ERISA limits. He also works with legal and tax professionals to assist business owners in transitioning their businesses through buy-sell agreements.
As Director, PPLI Business Development for M Financial, Dennis works to provide Member Firms with product design and marketing support related to private placement life insurance products, life insurance product analysis, and consultation on issues related to life insurance carriers.
CE will be offered.