EWP (Expanded Worldwide Planning) and Compliance Simplifier
Part 2
Private Placement Life Insurance (PPLI) in Action
Inside a Deadly Spider Web Structure
Depending on the planning needs of international families, two types of trusts are generally used, Foreign Grantor Trust and Foreign Non-Grantor Trust. These trusts can accomplish some of the aims of the six principles of EWP, but they can do nothing in terms of tax efficiency. For this a trust must own a properly structured PPLI policy. An EWP structure uses the six principles of EWP to give families the optimum amount of tax efficiency, privacy, and asset protection.
Foreign Grantor Trusts and Foreign Non-Grantor Trusts
by Michael Malloy, CLU TEP RFC, @ Advanced Financial Solutions, Inc
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