PPLI and EWP in Review – Part 2

PPLI and EWP – 2023: The Year We Solved Many ‘Hows’

 

2023 was a year filled with progress and advancements in the realm of Private Placement Life Insurance (PPLI) and Expanded Worldwide Planning (EWP). Our dedicated team continued to address the intricate queries posed by our valued clients, ensuring that we provided comprehensive solutions.

In this second part of our blog post series, we will reflect on the noteworthy milestones achieved throughout the year and delve deeper into the successful resolutions we offered for various PPLI and EWP challenges. Let us embark on this insightful journey together!

Private Placement Life Insurance (PPLI) and Expanded Worldwide Planning (EWP) can be utilized as financial tools to potentially provide protection and mitigate risks during a global recession, especially for high-net-worth individuals.

If you are looking for ways to keep and increase your investments in 2024, you might want to consider the benefits of #ppli (Private Placement Life Insurance) and #ewp (Expanded Worldwide Planning). These are two powerful strategies that can help you achieve tax efficiency, asset protection, privacy, and diversification for your wealth.

How to save tax and Stay compliant with PPLI and EWP

If you are an international family looking for ways to reduce your tax burden and protect your assets, you might have heard of PPLI (Private Placement Life Insurance) and EWP (Expanded Worldwide Planning). These are powerful tools that can help you achieve your financial goals in a tax-efficient and compliant manner. But what are they and how do they work?

Thanks for watching. Please don’t hesitate to Contact Us for any questions you may have.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

PPLI and EWP – 2023: The Year We Solved Many ‘Hows’

PPLI and EWP in Review

Part 1

PPLI AND EWP IN REVIEW

2023 was a year of many challenges, but it was also a year of solutions. We tackled some of the most pressing questions related to Private Placement Life Insurance (PPLI) and Expanded Worldwide Planning (EWP). Our team worked tirelessly to provide answers to some of the most complex questions our clients had. In this blog post, we’ll take a look back at some of the most significant moments of 2023 and how we solved many ‘hows’ related to PPLI and EWP. Let’s dive in!

If you are a high-net-worth individual navigating the complexities of living or investing across multiple countries, you’re likely familiar with the intricate web of tax challenges that can impact your wealth. Fear not, as there exists a strategic solution designed to optimize your tax efficiency and safeguard your assets: Private Placement Life Insurance (PPLI).

If you are a real estate investor, you may be looking for ways to optimize your tax situation and protect your assets from creditors and lawsuits. One strategy that can help you achieve these goals is to use a combination of PPLI and EWP. In this video, we will explain what these acronyms stand for, how they work, and what benefits they can offer to real estate investors.

Private Placement Life Insurance and Expanded Worldwide Planning are two powerful tools that can help you navigate a financial crisis. In this video, we will explain what they are, how they work, and why they can benefit you in times of economic uncertainty.

Please, stay tuned for PART 2.Thanks for watching. Like and subscribe and as always, we are opened for any questions you may have.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

Global Recession in 2024? Get HELP from EWP Financial

Private Placement Life Insurance (PPLI) and Expanded Worldwide Planning (EWP) to the rescue

Global Recession

Private Placement Life Insurance (PPLI) and Expanded Worldwide Planning (EWP) can be utilized as financial tools to potentially provide protection and mitigate risks during a global recession, especially for high-net-worth individuals. Here’s how they might help:

1. Asset Protection and Diversification:

PPLI and EWP can allow for a diversified range of investment options, including alternative investments. During a global recession, diversifying investments can help protect against significant losses in any single asset class.

2. Tax Efficiency and Mitigation:

These structures often offer tax advantages, which can be crucial during an economic downturn. Tax-efficient investment strategies can help preserve wealth and increase after-tax returns, mitigating the impact of a recession on overall wealth.

3. Estate Planning and Wealth Transfer:

PPLI and EWP can be powerful tools for estate planning, allowing for the efficient transfer of wealth to heirs. During a recession, preserving and transferring wealth effectively is essential to secure financial stability for future generations.

4. Insurance Component for Risk Management:

PPLI has a life insurance component, providing a death benefit that can serve as a financial safety net for beneficiaries. This ensures that, in the event of the policyholder’s death, loved ones have financial security during challenging economic times.

5. Privacy and Confidentiality:

EWP, in particular, offers privacy and confidentiality in financial matters. This can be crucial during economic downturns when financial information may be subject to increased scrutiny or potential volatility in the financial markets.

6. Leveraging Structured Products:

PPLI and EWP can be structured to incorporate various financial instruments, potentially offering downside protection or hedging strategies that can help offset losses during a recession.

7. Long-Term Perspective:

Both PPLI and EWP are designed with a long-term perspective in mind. This can be beneficial during a recession, as they allow for strategic financial planning beyond short-term economic downturns.

It’s important to note that while these structures can offer benefits in mitigating risks and preserving wealth, they are complex and should be designed and implemented with the assistance of financial professionals, including tax advisors, insurance experts, and legal advisors, to ensure they align with an individual’s financial goals and circumstances. Additionally, the effectiveness of these structures in protecting against a global recession can vary based on market conditions and individual circumstances. We, at EWP Financial, with several decades of experience, can offer you the whole package. Don’t hesitate. Contact Us today.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

How can you keep and increase your investments in 2024

Are you seeking ways to safeguard and boost your investments in 2024?

Look no further than the powerful strategies of PPLI and EWP.

First up, let’s explore Private Placement Life Insurance, or PPLI. This isn’t your typical life insurance policy. PPLI allows you to invest in a diverse range of assets: stocks, bonds, hedge funds, real estate, and more.

And the best part? PPLI offers unparalleled flexibility and control over your investments. Unlike conventional policies, PPLI isn’t constrained by the same regulations, giving you more freedom.

Furthermore, PPLI brings significant tax advantages. Enjoy tax-deferred growth, tax-free distributions, and tax-free death benefits—ensuring your wealth continues to grow and support your legacy.

Now, let’s delve into Expanded Worldwide Planning, or EWP—the cornerstone of comprehensive wealth planning. EWP isn’t just about estate and wealth management—it’s a holistic approach tailored for high-net-worth individuals and families.

EWP encompasses six crucial principles: asset protection, succession planning, privacy, compliance simplifier, trust substitute, and tax shield. Embrace these principles to optimize your wealth structure and enrich your legacy.

Ready to learn more about how PPLI and EWP can bolster your investments in 2024?

Reach out to our team at EWP Financial—a group of experts specializing in international wealth planning.

Let us craft a personalized solution that aligns with your unique needs and goals.

Contact us today and secure your financial future.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

Privacy Today – by Michael Malloy CLU TEP RFC

HOW?

A Private Placement Life Insurance (PPLI) asset structure could have easily prevented life changing invasions of privacy

(Watch videos at the end)

Introduction

Privacy has become a hot topic in recent years, with numerous controversies surrounding the collection and use of personal data by tech companies and governments. As technology continues to advance, it is important for individuals to understand their rights to privacy and the steps they can take to protect it. This article will summarize key points from a blog post on the topic of privacy and outline the most important takeaways.

The Importance of Privacy

The blog post begins by emphasizing the importance of privacy in today’s world. With the widespread use of technology, personal information is being collected and shared at an unprecedented rate, and it is essential for individuals to understand the implications of this. Privacy allows individuals to control who has access to their personal information, what that information is used for, and how it is shared. This control is essential for ensuring that personal data is not misused or abused.

Key Privacy Concerns

The blog post goes on to discuss some of the key privacy concerns that individuals should be aware of. These include:

  • Data collection: Tech companies and other organizations collect vast amounts of data on individuals, often without their knowledge or consent. This data can include everything from online searches and location data to purchasing history and social media activity.
  • Data sharing: Once personal data has been collected, it can be shared with other organizations, either for commercial purposes or for government surveillance. This can result in sensitive personal information being disclosed without the individual’s knowledge or consent.
  • Data breaches: Data breaches are a major concern in today’s world, as they can result in sensitive personal information being leaked to unauthorized individuals. This can include everything from financial information and Social Security numbers to personal health records and emails.
  • Government surveillance: Governments around the world are increasing their use of technology to monitor citizens, and this can have serious implications for privacy. For example, many governments collect data on internet activity and use this information for surveillance purposes.

Protecting Privacy

The blog post concludes by offering practical tips for protecting privacy in the digital age. These include:

  • Being aware of privacy policies: When using technology, it is important to be aware of the privacy policies of the companies and organizations involved. This includes understanding what personal data is being collected and how it is being used.
  • Using encryption: Encryption is a powerful tool for protecting personal data, as it ensures that information is only accessible to those with the necessary key. This can be especially important when using public Wi-Fi networks, as these are often unsecured and vulnerable to eavesdropping.
  • Being careful with personal information: Individuals should be careful about the personal information they share online, as this information can be used for malicious purposes. This includes being mindful of the information shared on social media, as well as avoiding responding to phishing scams or giving out personal information in response to unsolicited emails.

Conclusion

In conclusion, privacy is a crucial issue in today’s world, and it is essential for individuals to understand the threats to their personal information and the steps they can take to protect it. By being aware of the key privacy concerns and taking practical steps to protect their data, individuals can ensure that their personal information remains safe and secure. The blog post provides a wealth of information on the topic of privacy and is an excellent resource for anyone looking to learn more about this important issue.

Watch one of our most descriptive EWP Stories about #Privacy to understand more

 

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

 

The Six Principles Video Suite – The 6 principles of the United Nations Global Compact

The Six Principles Video Suite

At EWP Financial we use our own unique brand of asset structuring that incorporates the six principles of Expanded Worldwide Planning (EWP). Wikipedia features the six principles of EWP in its article on International Tax Planning. There is also a section on Expanded Worldwide Planning in Wikipedia’s article on Private Placement Life Insurance.

The six principles are privacy, asset protection, tax shield, succession planning, compliance simplifier, and trust substitute. Each of these six principles provide essential benefits to wealthy families throughout the world. The relevance of each of these principles varies according to where in the world the family holds their assets and does business, so it is essential to work with someone that has a global worldwide grasp of this complex situation, as we do at EPW Financial.

We have created six videos, each less than one minute in length, to provide you with the essential elements of these six principles. The six principles form the building blocks of our unique asset structures. A wide variety of asset classes can be maximized for tax efficiency, asset protection, and privacy by employing these six principles.

You can view these six short videos by going to our YouTube channel, EWP Financial, and clicking on Videos, then The Six Principles Video Suite.

This week we continue our series on the United Nations Global Compact with a short video on the importance of Purpose for an EWP asset structure.

 

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

Did You Know This About #PPLI & #EWP? – Episode – 5 – EWP: The Deep Internal Design

Did you know this about Private Placement Life Insurance
&
Expanded Worldwide Planning?

EWP: The Deep Internal Design

PPLI Is a Cornerstone of Stability

In this Episode we explain the elements that comprise a successful EWP Asset Structure. We also reveal why an EWP Asset Structure always outperforms a taxable investment. Our conservative and straightforward approach to asset structuring gives you the maximum amount of tax efficiency, asset protection, and privacy. This is why an EWP Asset Structure has the reputation as the best asset structure available today for wealthy families worldwide.

Key to an EWP Asset Structure is how the investments are handled. To give you excellent insights into this key topic, we bring you an article by Bradley Barros from The Street: C Suite Advisors. Mr. Barros describes PPLI as “the ultimate ownership structure for high-networth families and individuals.” Here is how Mr. Barrors outlines the investment components of EWP Asset Structures:

  • An Insurance Dedicated Fund (“IDF”) holds the majority of the policy investment assets. The IDF is a preferred vehicle to hold assets within a policy structure. Separately Managed Accounts (“SMA”), properly administered, are permissible.
  • The creation of the IDF and the manager you choose is client need driven.
  • Based upon performance and consultation with the insurance carrier.
  • Flexibility is built into the policy and the investment strategy, allowing changes when desired.
  • The IDF or SMA are designed to achieve a diversified portfolio.
  • The portfolio will become more diversified over time as earned dividends are reinvested without deductions for taxes.
  • In addition, the manager can sell appreciated assets without capital gains exposure. This would be done confidentially due to the policy asset protection.
  • The policy structure is designed to both protect assets and maintain anonymity.

Investing Through a Customized Private Placement Policy

  • PPLI policies, and the contract structure and terms, are customized to suit the client, their needs, and their situation.
  • These policies can hold traditional bankable assets, as well as a variety of business interests in nearly any type of industry, commercial and residential investment real estate, intellectual property rights, music catalogs, artwork, oil and gas holdings, and other holdings as part of the Cash Value.
  • The policy Cash Value can be structured to grow tax advantaged, accessed tax-free through withdrawals and policy loans that do not need to be repaid during life, and tax-free death benefits
  • Policy holders may suggest their own trusted investment advisors to oversee and manage the policy cash value holdings, subject to communication with the PPLI insurance carrier, and investments may be held in custody at the selected investment manager’s firm.
  • There is complete transparency of costs on a pre-arranged term sheet. There are generally no commissions, only fully disclosed management fees charged by the PPLI Insurer.
  • The policies can be owned by trusts and other structures that are regulated by state law and provide valuable privacy and protection to policy owners and beneficiaries.
  • The policy Death Benefit may be acquired at a much-lower net cost, versus mass-marketed and retail insurance policies.
  • Policies may distribute life insurance proceeds “in-kind”. In-kind assets can include the actual stock or ownership interests in private equity and real estate”.

We invite you to join our long list of satisfied clients by contacting us on our worldwide toll-free number, 877 811 5846. We welcome your comments and questions.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Did You Know This About PPLI & EWP? – Episode 3 – EWP’s Foundation Is The Six Principles

Fundamentals of Private Placement Life Insurance
&
Expanded Worldwide Planning

 

Did You Know This About PPLI & EWP?

EWP’s Foundation Is The Six Principles

Video 3

It makes sense to partner with a concept that is recognized as a cornerstone of financial stability—the six principles of Expanded Worldwide Planning, or EWP for short. The six principles are recognized as such by Wikipedia in its article on International Tax Planning. You too can employ these principles to grow and strengthen your own financial assets. How can you accomplish this? By using an asset structure that has at its very roots the six principles of EWP.

Here is the text from Wikipedia’s article on International Tax Planning which features the Six Principles of EWP

International Tax Planning

International tax planning, also known as international tax structures or expanded worldwide planning (EWP), is an element of international taxation created to implement directives from several tax authorities following the 2008 worldwide recession.

History

In 2010, the United States introduced the Foreign Account Tax Compliance Act (FATCA). Later the Organization for Economic Co-operation and Development (OECD) expanded these directives and proposed a new international system for the automatic exchange of information – known as the Common Reporting Standard (CRS). The organization also attempted to limit companies’ ability to shift profits to low-tax locations, a practice known as base erosion and profit shifting (BEPS). The goal of this worldwide exchange of tax information being tax transparency, it requires the exchange of a significant volume of information. As a result, there are concerns about privacy and data breach in interested industries. EWP has been an important element on the agenda of the OECD following the succession of leaked revelations about various jurisdictions, including the Luxembourg Leaks, Panama papers and Paradise papers. In December 2017, European Union finance ministers blacklisted 17 countries for refusing to cooperate in its investigation on tax havens

Principles

EWP allows a tax paying entity to simplify its existing structures and minimize reporting obligations under the Foreign Account Tax Compliance Act (FATCA) and CRS. At the heart of EWP is a properly constructed Private placement life insurance (PPLI) policy that allows taxpayers to use the regulatory framework of life insurance to structure assets along the client’s planning needs. These international assets can also comply with tax authorities worldwide. EWP also brings asset protection and privacy benefits that are set forward in the six principles of EWP below. The other elements in the EWP structure may include the client’s citizenship, country of origin, actual residence, insurance regulations of all concerned jurisdictions, tax report requirements, and client’s objectives.

Planning with trust and foundations frequently offer only limited tax planning opportunities whereas EWP provides a tax shield. Adding a PPLI policy held by the correct entity in the proper jurisdiction creates a notable planning opportunity.

Features

Privacy

EWP gives privacy and compliance with tax laws. It also enhances protection from data breach and strengthens family security. EWP allows for a tax compliant system that still respects basic rights of privacy. EWP addresses the concerns of law firms and international planners about some aspects of CRS related to their clients’ privacy. EWP assists with the privacy and welfare of families by protecting their financial records and keeping them in compliance with tax regulations.

Asset protection

EWP protects assets with segregated account legislation by using the benefits of life insurance. This structure uses asset protection laws in the jurisdictions of residence to shield these assets from creditors. A trust with its own asset protection provisions can still receive additional protection with the policy.

Succession planning

EWP includes transfers of assets without forced heirship rules directly to beneficiaries using a controlled and orderly plan. This element of EWP provides a wealth holder a method to enact an estate plan according to his/her wishes without complying with forced heirship rules in the home country. This plan must be coordinated with all the aspects of a properly structured PPLI policy together with other elements of a wealth owner’s financial and legal planning.

Tax shield

EWP adds tax deferral, income, estate tax benefits and dynasty tax planning opportunities. Assets held in a life insurance contract are considered tax-deferred in most jurisdictions throughout the world. Likewise, PPLI policies that are properly constructed shield the assets from all taxes. In most cases, upon the death of the insured, benefits are paid as a tax free death benefit.

Compliance simplifier

EWP adds ease of reporting to tax authorities and administration of assets, commercial substance to structures. In addition, the insurance company is considered the beneficial owner of the assets. This approach greatly simplifies reporting obligations to tax authorities because assets in the policy are held in segregated accounts and can be spread over multiple jurisdictions worldwide.

Trust substitute

EWP creates a viable structure under specific insurance regulations for civil law jurisdictions. It also creates a new role for commercial trust companies. In most civil law jurisdictions, trusts are poorly acknowledged and trust law is not well developed. As a result, companies with foreign trusts in these civil law jurisdictions face obstacles.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

~ Your best source for PPLI and EWP

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Metaverse – PPLI and EWP – Episode 3

Transform Your Assets Inside an EWP Metaverse

PPLI Is Your Partner in Creating Financial Strength and Stability

It makes sense to partner with a concept that is recognized as a cornerstone of financial stability—the six principles of Expanded Worldwide Planning, or EWP for short. The six principles are recognized as such by Wikipedia in its article on International Tax Planning. You too can employ these principles to grow and strengthen your own financial assets. How can you accomplish this? By using an asset structure that has at its very roots the six principles of EWP.

The metaverse is a concept that has been thrust into our lives. Is it something new and or just a fad that will die out in a few years? At EWP Financial we are creating our own metaverse that has at its foundation the rock-solid Six Principles of EWP. In this video, through compelling images and concise dialogue, we explain how these Six Principles can create for you a financial future that beneficially transforms your own assets for tax efficiency, privacy, and asset protection.

We continue to bring you relevant articles on the Metaverse. This week we bring you articles from the worlds of sports and gaming; two areas that have been exploring new ways to use the metaverse. These two articles are courtesy of Cointelegraph.

Berlin-based football app enters the metaverse following $300M fundraiser

By Arnold Kirimi

The financing round was led by Liberty City Ventures, with participation from blockchain platforms and venture capital firms, including Animoca Brands and Dapper Labs.

OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform.

According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint venture called OneFootball Labs. The new platform will “enable clubs, leagues, federations and players to provide digital assets and fan-centric experiences based on blockchain technology.” Furthermore, fans will be able to obtain and store virtual collectibles using their email address and credit card.

The financing round was led by Liberty City Ventures, with participation from blockchain platforms and venture capital firms, including Animoca Brands, Dapper Labs, DAH Beteiligungs GmbH, Quiet Capital, RIT Capital Partners, Senator Investment Group, and Alsara Investment Group.

Animoca Brands will provide its expertise and network in blockchain, NFTs, gaming and the metaverse to help OneFootball develop new products and services that will increase digital fandom while generating new income streams for the football industry. In a statement, Lucas von Cranach, founder and CEO of OneFootball, said:

We believe the future of football away from the stands and off the pitch will be decentralized and built on Web3, giving back the ownership of data and digital assets to the fans.”

Murtaza Akbar, the managing partner at Liberty City Ventures, highlighted OneFootball’s 100 million monthly active users as an opportunity to take advantage of blockchain technology for a massive community of football fans.

Earlier this year, Cointelegraph noted that increasing interactivity and ownership of virtual items are some of the metaverse’s most outstanding features. “OneFootball might be jumping on both opportunities to provide more fans greater access to the “beautiful game.”

Manchester City, the English Premier League champions, announced their entrance into the Metaverse by signing a three-year agreement with Sony to provide virtual reality to professionals for image analysis and skeletal-tracking technology from Hawk-Eye. Neighbours Manchester United have also entered the Web3 ecosystem after a partnership with Tezos, announced on Feb. 10.

The first metaverse designed for non-crypto gamers releases theatrical trailer ahead of launch

By Sarah Jansen

The metaverse is evolving rapidly, increasing the barriers to entry for those without previous crypto knowledge.

The appeal of blockchain-based gaming is clear: participate in activities you might have already been doing and make some money at the same time in a realm constructed by tokenized and tradable items. While attractive in theory, the reality is that these models cater to those with a familiarity with nonfungible tokens (NFTs) and surrounding technologies. Consider that most of these games present a steep learning curve with some knowledge, costs and other setup required before a player can participate in the ecosystem.

Emerging as a low barrier to entry, Bezoge, the first crypto game for non-crypto people, presents Legends of Bezogia with its unique in-game tokenomics and currency. The play-to-earn (P2E) MMORPG game lets players pillage enemy SHIBs and DOGEs to rid the world of fear, uncertainty and doubt (FUD). Following the P2E model, players are invited to select a Bezogi and start their journey into earning blocks and rewards, whilst Bezogi NFT owners can rent or summon additional Bezogi if they already own two.

Where this game differentiates itself from other releases is its design as a mainstream offering that can be played by anyone. To enable this functionality, the game features a fully decentralized NFT rental platform where players can rent NFTs to use in gameplay without collateral or gas fees. Therefore, non-crypto gamers can now participate in Legends of Bezogia as they would in any other free-to-play game, eliminating previously mentioned high barriers to entry.

Bringing this project to life is a team of more than 30 in-house staff who share that the objective of this release is to become “the first crypto game for non-crypto people.”

In alignment with this mission, the team has released a Theatrical Trailer introducing the breeds found in Legends of Bezogia as an introduction to their Alpha signup.

Bigger and better play to earn

Bezogi exists as an NFT, in-game character on the Polygon Blockchain (MATIC) that will also be interoperable across multiple chains in the future. These characters are of one definitive colorway, a trait that is more than just aesthetic and instead holds significant meaning in the Legends of Bezogia due to differing bloodlines. On the surface, these creatures are cute; however, upon taking a deeper dive, every bloodline demonstrates a role as a fearsome warrior.

To illustrate the distinction between each, players are invited into the red corner with a breed of warriors known as the Red Zerkzogi. These warriors are covered in blood yet remain well-groomed and obedient. This group often has an arsenal of impressive weapons at their call, making them known killers. The red warriors are joined by the Yellow Speedzogi, recognized as being the fastest life-form in Bezogia, obsessed with gathering blocks and scavenging loot.

Continuing the introductions, players will meet the Blue Shieldzogi, a protector of Bezogia, the White Holyzogi, a keeper of the sacred Recovery Seed and the Green Freezogi, a frozen Bezogi that enjoys the thrill of a kill but is hooked on noxious gases. The final three spots are made up of the Orange Fudzogi, a group of meddling tricksters, a Black Darkzogi that burns blocks to summon new Bezogi, and the Golden Mintzogi, who run the lands of Bezogia and now command great respect and power.

With each Bezogi exhibiting a different set of skills, players are encouraged to carefully consider the space where each operates in the greater ecosystem. After deciding, interested parties can find Bezogi and Petzogi for purchase on the OpenSea platform.

30,000 holders and growing

The team shares that their efforts in P2E gameplay have resulted in 30,000 meme coin holders, alongside a Metaweek Gold, RBK Promotions Boxing Gala and the Dubai Soccer Award Gold Sponsorships. Furthermore, Bezoge has also begun pursuing influencer partnerships with those who have millions of followers. This effort will be followed by a series of guild partnerships that are still in progress.

With several other developments underway, the team continues to hold weekly AMA updates, providing additional detail about the latest developments. The intent is to attract gamers from all walks of life to a constantly changing digital construct the world recognizes as the metaverse.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

In our next video, we will reveal the financial tool that makes an EWP asset structure possible. Thank you for watching and hope you will join us for episode four in our Metaverse Series.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

Michael Malloy-CLU-TEP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Did You Know This About PPLI & EWP? – Episode 1 – The Frozen Cash Value Policy Design

New Video Series by Michael Malloy CLU TEP RFC

Did You Know This About Private Placement Life Insurance and Expanded Worldwide Planning?

The Frozen Cash Value Policy Design

Fundamentals of PPLI and EWP

Welcome. Being a winner is like standing tall on top of a mountain, like the woman here. We invite you to be a winner in our new series entitled: Did you know this about PPLI and EWP? What do you have to do? You win by submitting the best answer to this question:

For U.S. taxpayers, what section of the tax code pertains to the frozen cash value policy design, and how does the language of this code section sanction this design?

What will you win? Alas, not a villa on Italy’s Amalfi coast, but you will receive a PPLI/EWP Token which can be redeemed for one of our unique NFT images.

Please submit your answers to info@ewp-financial.com. Best of luck on answering our questions. Thank you for listening.

—————————————————————————————————-

Since we don’t wish to speak about our contest topic until you have had a chance to submit answers, this week we will cover some basic Q&A about PPLI. We look forward to receiving your answers after learning about the contest from our very short video explanation. Good luck to all!

What is Private Placement Life Insurance?

Private Placement Life Insurance (PPLI) is a variable universal life insurance policy designed for high net worth investors. Foreign insurance companies offer the most robust options for sophisticated asset structuring, and are able to incorporate almost any asset in their policy designs.

Why are investors interested in PPLI?

Generally, the core motivation for acquiring a PPLI policy is to establish a tax-free investment environment, at the lowest possible cost, in which an investor may designate a money manager(s) to manage the assets placed into the insurance policy.

What are the income tax advantages of life insurance?

The income tax benefits of life insurance include: (1) tax-free earnings (dividends, interest, and capital gain) on policy assets; (2) the ability to withdraw and to borrow assets from the policy cash value free of income tax (with proper structuring); and (3) the receipt of policy proceeds by the policy beneficiaries at the death of the insured on an income tax-free basis.

What are the main differences between PPLI and retail life insurance?

The policy owner has broader flexibility with regard to the policy’s underlying investments, with proper structuring almost any asset classes can be included in the policy design. However, the policy owner cannot exercise direct control over the investment of the policy assets.

Policy purchasers must meet “qualified purchaser” and accredited investor” guidelines under SEC rules.

Fees are minimal compared to retail insurance products. In most cases there are low front-end loads on premium payments, and the annual charges against policy cash values are a small fraction of the annual tax cost associated with similar investments in a taxable environment.

What are the fees typically associated with PPLI?

There are three primary insurance-related fees associated with PPLI policies: the premium load, the “mortality and expense” charge, and the cost of insurance charge. The premium load will vary, but should typically be 1% or less of premium, and the combination of the mortality and expense charge and cost of insurance charge should average, over the life of the contract, less than 1% per year. Asset management fees will depend on the asset manager(s) selected to manage the insurance portfolio.

What will the policy beneficiaries receive when the insured dies?

The income tax-free death benefit consists of the cash value of the policy (the premiums paid, plus growth, less account charges) plus the “risk” or pure insurance element. The insurance element generally will be minimized to the extent possible in the design process, and its amount will be determined with reference to U.S. tax rules. Insurance risk coverage in the offshore market is provided by the same reinsurance companies that reinsure the domestic life insurance market.

Where is the investment account of the policy and is it safe?

The separate account(s) of the policy will be custodied in accordance with the asset manager’s normal custodial arrangement. The separate account of the policy is protected by law in the state or foreign jurisdiction where the insurance carrier is located from the creditors of the insurance carrier. The policy is also protected against claims of the policy owner’s creditors with proper structuring.

by Michael Malloy, CLU TEP RFC.
CEO, Founder @EWP Financial

Michael Malloy-CLU-TEP