News & Insights

We are pleased to announce the launch of Pinpoint Wealth Partners, a Florida based boutique insurance advisory firm comprised of a leadership team including Richard H. Proctor, Jr., Michael G. Penney, Will Dudley, and Tiffany Matusz. By merging to create the new firm, the team will partner on a deeper level and develop a more holistic approach for those who they serve for generations to come.

Although life insurance is often used as a liquidity tool for wealth transfer planning for high net worth individuals, it can add tremendous value and diversification to a family’s wealth transfer portfolio and has attracted recent attention from sophisticated investors and their advisors who wish to improve the risk-adjusted return in the portion of wealth that will pass on to the next generation.

With interest rates at historic lows, this strategy locks in low AFR rates and helps to transfer more proceeds to beneficiaries estate and gift tax free.

With interest rates at historic lows, this strategy provides an opportunity for more income to be reinvested and transferred to beneficiaries estate tax free.

With interest rates at historic lows, this strategy makes use of higher present value of annuity interest, helping to reduce the taxable gift or annuity payment required to achieve a taxable gift, ultimately allowing for more property of the GRAT to be transferred to Remainder Beneficiaries gift tax free.

With interest rates at historic lows, this strategy makes use of higher present value of annuity interest, helping to maximize the charitable income and gift tax deduction or annuity payment required to achieve a taxable gift, ultimately allowing for more property of the CLAT to be transferred to Remainder Beneficiaries gift tax free.