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Use the Bank’s Money to Meet Key Financial Objectives

  • CPA (CA)
  • CPA (US)
  • Course Description
  • Course Qualification
  • Presenter
  • Faq

Course Description

Course Description

Your wealthy clients understand how to use leverage when it makes sense. So why not for life insurance? Funding life insurance premium with borrowed money can create positive financial outcomes for both your clients and their respective businesses.

The concept of premium financed life insurance is nothing new, but many professionals have never utilized the solution for their top clients. In this webinar, you explore how to take advantage of this valuable tool, its benefits, and how to identify worthy prospects.

From retirement to legacy planning, premium financed life can achieve several financial objectives for your high net worth clients. The positives don’t stop at the individual level. From a business perspective, this concept can provide positive financial and tax benefits as well. Corporate uses include key man coverage, buy-sell agreements, and executive bonus plans to retain key employees.

This webinar helps you discover how to yield additional benefits using the bank money for:

  • Funding your client’s retirement
  • Providing meaningful retirement incomes for your client’s families
  • Attracting and retaining key employees
  • For partnership buy/sell agreements
  • Funding business exit strategies

Benefits of attending the webinar includes knowledge and strategies that help you create positive outcomes for your clients from both a business and personal perspective.


Learning Objectives

  • To explore how clients can use leverage (the bank’s money) to purchase life insurance
  • To recognize the benefits of such arrangements to your clients
  • To identify the various corporate sponsored plan options
  • To recognize how a corporate sponsored plan can greatly benefit a business
  • To identify possible tax benefits for business clients

Who Should Attend?

  • Accountant
  • Accounting Managers
  • Bookkeeper
  • Certified Financial Planner
  • Certified Public Accountant
  • Cloud Accountants
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Finance Director
  • Finance Pros
  • Personal Financial Specialist
  • Qualified Associate Financial Planner
  • Senior Accountant
  • Tax Accountant (Industry)
  • VP Finance
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 1 CPD Credit for Chartered Professional Accountant (CPA Canada)
  • 1 CPE Credit of Finance for Certified Public Accountants (CPA-US)

Presenter

About Presenter

Kevin White

Senior Solutions Architect Addicus Family Office

Kevin brings 32 years of experience in Private Placement Insurance and Income and Estate Tax-Planning for high net worth individuals. 

Kevin White joined Addicus in 2019 and serves as Senior Solutions Architect. He specializes in technical support and expertise in regards to private placement life insurance, finance methodology for traditional life insurance, and unique design structure for insurance strategies for closely held corporations, high net-worth individuals and families, and business owners. Kevin designs and implements tax-efficient, comprehensive financial plans for wealth preservation and business succession. 

Prior to Addicus, Kevin worked at The Estate Planning Network from 1990 to 2008, where he joined as an employee and was later promoted to President and was named CEO in 1996. During this time, he increased the company’s total revenue from $750,000 to $23 MM as well as expanded a team from 1 to 27 members. During his time at The Estate Planning Network, Kevin began doing weekly estate planning seminars to the general public throughout New York State. He also taught advanced estate and tax planning strategies to attorneys and CPAs throughout the eastern U.S. and provided consulting and underwriting support to estate planning attorneys and insurance and financial professionals for life insurance sales, estate tax design, and estate planning design. Previously he worked for WHISAC Development from 1985 to 1999, an upstate New York real estate development firm as a Partner in charge of overseeing property management. 

Kevin has been a speaker at the Yankee Dental Conference and First Financial Resources for several years. He attended Oneonta State University where he received his Bachelor of Science degree in Geology. Kevin also earned a Master of Science Degree in Geology from Boston University. He earned the Certified Financial Planner designation from the American College.

Kevin is passionate about community service. He has donated his time to assisting the Jackson State University Foundation in helping to create multiple endowment funds. He also volunteers with youth programs to mentor on basic investment knowledge.

Kevin resides in Madison, Mississippi, and has three children. In his free time, Kevin enjoys fitness, pursuing a healthy lifestyle, traveling, spending time with pets, history, and languages. 

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
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  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.4

97 Ratings

Excellent

50

Very Good

39

Average

6

Poor

1

Terrible

1

AB

Aurelian Bukatko, ACCT/BK, CPA (US)

Jan 9th, 2021

very good

KM

Keith Moore, CPA (US)

Jan 7th, 2021

great

VS

Vivian Standifird, CPA (US)

Jan 7th, 2021

Very Interesting. Would like more practical examples.

CK

Changsoo Kim, CPA (US)

Jan 7th, 2021

The course was fine with me.

CG

Chris Giotis, CPA (US)

Jan 7th, 2021

Great!

Use the Bank’s Money to Meet Key Financial Objectives

FREE

1 Credit

Subject Area

Finance

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