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Make a
Multi-Million Dollar Charitable Gift Without Cost or Risk
Now there is a revolutionary new Charitable Endowment
Program (the Program) that creates donations for
Charities and Non-Profit organizations (Beneficiaries) of
a million dollars or more through the donation of life
insurance
policies donated by high net worth donors
(Participants) and paid for by the Program without any
cost or financial risk to the Participant or Beneficiary.
How the Program works;
1 - Participants are 18 years of age and over.
2 - Participants are in reasonably good (not perfect)
health for their ages.
3 - Participants have a minimum net worth, inclusive of
real estate and all tangible assets, of $5 million.
4 - Participants apply for a universal life insurance
policy.
All information obtained in the application process is
strictly confidential by law.
5 - Participants name the Beneficiary to which they want
to donate their policy. More than one Beneficiary may be
named by Participants.
6 - The Program administrators will work directly with
the Beneficiaries and Participants to answer all of their
questions. Participants may choose to make their
gift anonymously.
.
7 - Once the policy is issued by one of the many AA or
AAA rated life insurance carriers the Program administrators
will activate the policy by making the first of 10 annual
premium payments.
Benefits to Charities and Non-Profit Organizations
Beneficiaries will receive approximately 1%-3% of the
annual premium paid by the Program administrators
annually for years 2 through 10 of the Program
payment period.
At the end of the 10th year the policy will have accrued
considerable cash value, approximately 20% of the policy’s
face value, which goes to the Beneficiaries tax free. If the
Participant dies during the Program The Beneficiaries
receive 100% of the death benefit.
It is important to note that Participants do not diminish
their eligibility to obtain life insurance by participating
in
the Program. Example: A 40 year old woman who has a
net worth of $5 million and has donated a $10 million policy
to her favorite Beneficiary through the Program will
still be able to obtain a life insurance policy to protect
her
family for up to her full insurability. The reason for this
is
because she receives no financial benefit from the donated
policy. 100% of the benefit of the policy goes to the named
Beneficiary.
Everybody benefits from this Program. The
Beneficiaries receive tax free money without risk or cost
to themselves or their high net worth donors.
The Participants are able to make a substantial gift to
their favorite charities tax free without any cost or
financial
risk, whatsoever.
The participating AAA and AA rated Life Insurance
Companies receive substantial premiums paid over a
period of 10 years.
The Program benefits by leveraging the policy to obtain a
loan, the proceeds of which are used to invest for profit
and still pay the 10 annual premiums.
For more information please contact
Richard Cunha, Esq.,
CLU at
1-877-362-2200.
rccunha@comcast.net
Richard left a highly successful law
practice to dedicate himself to raising
millions of dollars for charities, nonprofit
organizations and seniors
through innovative win-win uses of life
insurance.
Richard is also the president of his own
non-profit organization, Anchor Arts,
Inc., based in New York City. Anchor
Arts is dedicated to creating and presenting
to the public uplifting original
theater with disabled actors.
Print pdf |
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If you are between the age of 70 and 85?
In good health for your age and;
Have a minimum of $3 million net worth inclusive of
all tangible assets you have an extraordinary opportunity to
generate a large amount of money for yourself, and
your family absolutely risk free.
How? By cashing in on an asset you already possess but
may not be aware of: Your Insurable Interest.
What is my insurable interest?
Your insurable interest is the total face amount of Life
insurance you are eligible to possess based on your age,
health and total net worth.
How do I cash in on my insurable interest?
Just apply for a universal life insurance policy with a face
value of $2 million or more through Platinum Legacy.
Platinum Legacy will arrange all of the financing to keep
that policy in force for up to 2 years absolutely risk free.
Platinum Legacy will convert that policy into cash amounting
to 3%-5% of the face value for you to do with as
you wish.
Why is my Life Insurance Policy able to generate
so much cash value during my lifetime?
Deutsche Bank, Credit Suisse and Warren Buffet of
Berkshire-Hathaway are the largest investors in this fast
growing asset class. These and other large financial
institutions
like AIG have discovered that the purchase of these
policies from people with the above criteria are a great
investment. As such, these financial institutions will
actually
bid against each other to purchase these policies for
substantially
more than the amount used to pay the premiums.
This sale results in a substantial profit for you. Platinum
Legacy will assume all risk regarding the sale of your
policy
making your transaction 100% risk free. All information
obtained in the insurance application process is strictly
confidential
by law.
Here is how 3 people benefited from the Platinum Legacy
senior life settlement program.
A woman, 82, in good health with $18 million in net assets
applied for and received a $10 million policy through
Platinum Legacy risk free. Just 5 months later Platinum
Legacy sold her policy and she received $305 thousand.
A man, 82, in good health with $8 million in net assets
applied for and received a $5 million policy. He received
$230 thousand when his policy was sold 18 months later.
A woman, 77, in good health with $4.5 million in net
assets applied for and received a $2 million policy. She
received $87 thousand when her policy was sold in 18
months.
Oil tycoon, T. Boone Pickens enlisted his older high net
worth friends and his alma mater, Oklahoma State
University to work together to raise $250 million for
OSU’s athletic department and football program. OSU has
pledged to cover 100% of the premium costs for the high
net worth donors until their deaths to collect the
$250 million insurance proceeds.
Print pdf
For more information please contact
Richard Cunha,Esq., CLU at
1-877-362-2200.
rccunha@comcast.net
Richard left a highly successful law practice to dedicate
himself to raising millions of dollars for charities,
nonprofit
organizations and seniors through innovative winwin
uses of life insurance.
Richard is also the president of his own non-profit
organization, Anchor Arts, Inc., based in New York City.
Anchor Arts is dedicated to creating and presenting to
the public uplifting theater with disabled actors.. |