Leave a Legacy

Wealthy persons have spent their lifetime building and preserving something special and unique: the family business. Having to "fire sale" part or all of it to pay taxes may well destroy the very wealth you have spent a lifetime creating, leaving sometimes less than 15% of your current wealth after taxes. By contrast, clients buying life insurance using their own assets are taking liquid assets to pay for life premiums, often triggering gift taxes and incurring an opportunity cost. For many the return on investment is only positive if the insured dies early—not an attractive option. This is why many wealthy people do not buy life insurance. ABIL transactions allow wealthy households to address their tax liability without having to liquidate the very assets they have spent a lifetime building. It is about being able to control what is done with your assets when you pass on, without having the government decide for you. ABIL is about doing the planning but minimizing the cost while keeping control of most, if not all, of your assets.