Author's articles

Private Placement Life Insurance (PPLI) in Offshore Trust More Useful Than Ever
By Thomas Swenson · 4 months ago
Solution for Deteriorating Geopolitical, Economic, Tax and Financial Conditions For decades, seers of doom have predicted the demise of the US dollar and other fiat currencies, economic recessions, crashing stock markets, a collapsing debt-burdened US ...
Revocable Living Dynasty Trust (RLDT)
By Thomas Swenson · 10 months ago
Summary A revocable living dynasty trust enables the settlor to maintain control and have complete access to trust assets during settlor's lifetime. Upon settlor's death, the trust becomes irrevocable, providing wealth building, asset protection and ...
Key Retirement & Estate Planning Tools
By Thomas Swenson · 10 months ago
Retirement Planning Retirement can begin at any age, and so can planning for it — the earlier, the better. Assets for retirement can include savings, investment accounts, IRAs, employee retirement plans and pensions, even home ...
Captive Insurance -- Details
By Thomas Swenson · 10 months ago
A captive insurance company (CIC) is an insurance company that insures the risks of operating business entities within the same “economic family”. 1. A CIC benefits its owner(s) generally through a combination of factors. 1.1 ...
TAX-FREE STRATEGIES IN AN UNCERTAIN ECONOMY
By Thomas Swenson · 11 months ago
Problems ahead in 2023: Markets down. Recession deep. Taxes up. Solutions: (1) Irrevocable life insurance trust (eliminate all taxes legally forever); (2) Leveraged long-term care (LTC) insurance; (3) 401(h) health expense account: tax trifecta – ...
GRANTOR ACCESS TO IRREVOCABLE TRUSTS -- EASE THE STRESS OF COMPLETED GIFTS
By Thomas Swenson · 11 months ago
For the moderately wealthy, giving up Control (and Access) is a barrier in deciding to make irrevocable trusts. Techniques for grantor access to trust assets make the decision easier. Irrevocable trusts famously provide many benefits ...
CASH BALANCE PLUS PLAN
By Thomas Swenson · 11 months ago
Tax-Deferred Savings of $200K to $500K Annually for Business Owners, with Minimal Employee Costs Using a defined-benefit cash balance plan, solo and small business owners, professionals and profitable entrepreneurs can readily save three to ten ...
Tax-Free Income Making More Sense in Global Financial Crisis
By Thomas Swenson · 11 months ago
Will tax rates be going up? What happens to retirement income when taxes increase? Currently, income tax and capital gains tax rates are at historically low levels. The US government debt is now $31+ trillion, ...
Dynasty Trusts Guard Personal Autonomy in Hierarchic Society
By Thomas Swenson · 11 months ago
A dynasty trust enables a degree of personal autonomy that is otherwise hard to achieve in a global economy characterized by punitive tax rates, job concentration in hierarchic corporations and public-sector agencies, and increasingly precarious ...
Captive Insurance Company, CIC -- Reduce Taxes and Build Wealth
By Thomas Swenson · 11 months ago
Captive Insurance Company - Reduce Taxes and Build Wealth Summary: For a business owner paying taxes in the United States, a captive insurance company saves taxes, builds wealth and improves insurance protection. A captive insurance ...
Private Placement Life Insurance, PPLI
By Thomas Swenson · 11 months ago
Private placement life insurance (PPLI) is an underutilized, but potentially versatile and highly efficient investment vehicle. It is useful not only for wealthy families. An individual or family having a net worth of only $1 ...
Eliminate Taxes Forever using an Irrevocable Life Insurance Trust
By Thomas Swenson, J.d. · 11 months ago
An irrevocable life insurance trust (ILIT) is simply an irrevocable trust that owns a life insurance policy. A dynasty trust, also known as a GST, legacy or perpetual trust, is a flexible irrevocable trust that ...