Comprehensive Capabilities

  The foundation of AWP Life Brokerage is the belief that firms are strengthened by the ability to work in tandem as a unified consortium.  Our specializations include insurance concepts and...


Industry Leader

  AWP has proven continual leadership in delivery of benefits solutions for companies of any size as well as we continue to be a leading enterprise in life insurance planning and...


Institutional Relationships

Institutional accounts are integral to our overall distribution plan.  We define institutions as banks, wirehouses, regional broker dealers, and CPA networks. AWP has acquired recognition as a player in the institutional...


Pioneering Captive Insurance

Introduction Despite the fact that the concept of “captive” traces its origins to the beginnings of formalized trade, many people believe captive insurance companies to be a relatively new phenomenon.  Formed...


Premium Financing

Many affluent clients are aware of the benefits that life insurance can provide.  However, clients often harbor concerns that a substantial income tax liability will result from liquidating low basis...


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Tax Planning

Tax planning takes on different meanings to different people.

 

A CPA/accountant/EA regularly thinks of tax planning as completing a tax return for a client and sending them the bill for taxes due.  Some of these agents might recommend a SEP IRA or SIMPLE Plan, but typically they do not deal with real tax planning in all its dimensions.

 

An attorney thinks of tax planning as doing someone’s living trusts so the client can maximize estate tax exemptions.

 

A financial planner/insurance advisor typically thinks of tax planning as the use of a 401(k) plan.

 

What our firm offers is quite unique.  When we deal with tax planning we encompass a wide range of different topics (many unique in themselves) to be certain that we are being PROACTIVE as opposed to REACTIVE when it comes to tax planning for our clients.

 

Tax planning tools come in many forms: correct corporate structure, FLPs, “Freeze” Partnerships, Equity Indexed Universal Life (a tax free wealth building tool), Roth IRA and 401(k) Plans, Section 79 Plans, Equity Harvesting, 401(k) Plans, New Comparability Profit Sharing Plans, Defined Benefit Plans, 412(e)3 Defined Benefit Plans (and carve out plans), Cash Balance Plans, ESOPs, Charitable Remainder Trusts, Charitable Gift Annuities, Family Foundations, Intentionally Defective Grantor Trusts, Long-Term Care Insurance, HSAs, Corporate Structure, Single Premium Life Insurance, Roth IRA Conversions, etc.

 

We have summaries on many of the above (you can click on the name of ones with an active link to learn more).  What we want to impress upon potential clients is that if you are not using a firm that is familiar with and understands the above topics and more, YOU ARE NOT receiving the best advice possible.

 

The consequence of lacking information is that you are paying too much in income taxes and capital gains taxes, and ultimately that your heirs will pay too much in estate taxes upon your death.

 

Instead of being complacent be proactive in protecting your money from the IRS and state government.  Every year you can expect a guaranteed creditor in the IRS.  You alone, with help from qualified advisors, have the power to protect your money.