Our Professional Expertise can add value in the following areas:

Professional Liaison with Advisors

  • Creative Plan Design Analysis and Marketplace Evaluation
  • Solving problems of tax-detrimental ownership, beneficiary or premium-payor status
  • Restructuring existing life insurance contracts from a design and due-care perspective
  • “Expert Opinion” on substantial life insurance transactions
  • Special Risk Underwriting

Financial modeling of advanced techniques such as

  • Defective Irrevocable Grantor Insurance Trust (DIGIT) transactions
  • Supplemental Executive Retirement Benefit Plan (SERP) Design
  • Split Dollar Arrangements and Appropriate Exit Strategies
  • Corporate-Owned Life Insurance (COLI) Plan Design and Evaluation
  • Bank-Owned Life Insurance (BOLI) Plan Design and Evaluation
  • Private Placement Life Insurance (PPLI) Plan Design and Evaluation

Executive Benefit Participant Communication

  • Annual Plan Reviews
  • Rabbi Trust Funding Administration
  • Participant Group Education
  • Plan Transition Assistance
  • Plan Technology Updates
  • Insurance Industry Updates

The technical interaction of executive compensation and wealth transfer planning methods requires an ongoing process of legal compliance, tax review, and continued evaluation to assure that the desired tax advantages are realized. A fundamental difference between Financial Concepts Inc. and the traditional financial services organization is our total firm commitment to proactive client service and integrated support systems.  These services are performed not just for programs that we have implemented, but also for all programs maintained by our clients.

Please ask to speak with Pat McNamara, President & CEO, at 734-214-9770 ext. 201.