The Private Consulting Group has extensive experience with the full range of traditional insurance services. These options include the funding of estate transfer and philanthropic endowments. In addition to these traditional approaches to life insurance planning, we also offer advanced capabilities in private placement insurance contracts and insurance contract cash value management.
Unlimited tax deferral strategies are available through PCG’s relationship with a select group of high quality onshore and offshore insurance companies.
Clients with substantial liquid assets seeking to avoid or minimize current federal and state taxes can take advantage of PCG’s guidance in private variable insurance contracts. We have deep experience in the use of tax-efficient insurance wrappers for otherwise inefficient investments. These insurance-based financial products create greater after-tax yield for individual and corporate investors.
Up-To-Date Strategies For Continually Changing Guidelines
Changes in the Internal Revenue code over recent years have eliminated virtually all opportunities for individual investors to achieve unlimited tax deferral. Annuity and life insurance contracts represent one of the only remaining avenue for such strategies. Because the investments underlying these contracts are, in the eyes of the taxation authorities, owned by the insurance company and not the investor, the investor may not be subject to taxation on resulting benefits.
- Private placement variable life insurance contracts combine traditional tax status advantages with extraordinary potential for investment flexibility.
- The Private Consulting Group contracts directly with the insurance company to provide advisory services on your policy's underlying investments.
- The contract cash values are maintained in a separate account and are not subject to potential claims of general creditors of the insurance company.
PCG's private placement contracts are constructed on an individual basis and are designed to dovetail with each client’s specific needs.
Cash values of private placement contracts accumulate on a tax-deferred basis. When properly structured, disbursements of contract cash values may be available on a tax-free basis.
The Private Consulting Group, in its role as financial advisor, will act to allocate cash values among investments within the contract, to ensure that the IRC diversification rules (Section 817(h)) are adhered to conscientiously.
