Meyer Bendavid, 5757 Owensmouth Ave. # 11,
Woodland Hills, CA 91367
(818) 884-9923 cell (818) 261-2470 firstname.lastname@example.org
Problem Solving -- California Insurance License # 0B89248
To review my consulting services Press >>> Consulting --
If your business slowed down and your bills keep piling up--
how do you compete --
and what makes me want to use your service?
To learn when to buy or sell stock or mutual funds- Press >>> StockTracker
- Do you know when to buy and when to sell?
Do you know how to make money from your stock
when the prices are moving sideways?
The stocktracker is the easiest system you will ever use.
Look at my book "The Money Tracking Machine."
A new concept for finding a job- How to create a resume Press >>> Resume
You lost your job or you just graduated from school and now
your competition stands next you. I'm a CEO of a company and I have 4 feet of resume
and I have 4 seconds to look at them. I'm interested in myself but not you.
What do you put on your resume to entice me to call you?
Why buy insurance? -You die - How do you pay your bills?- what happens to your family?
The income produced for the survival of the family is now gone. Your family's lifestyle has changed for the worse
Many of you have policies that expire.
Life insurance should be used to cover your entire life.
This is why you need my service:
I am associated with over a dozen companies providing the lowest costs.
Problem Solving the Federal Estate Tax
consists of - everything you currently own -- and everything due you --minus exclusions.
This includes homes, apartments, businesses, cars, boats, airplanes, rental moneys, furniture, jewelry, paintings
Property owned outright, such as real estate, personal property,
bonds, stocks, business interests, bank accounts, life insurance, etc., is the gross estate.
Your attorney and accountant will establish your current estate taxes due-- minus all the adjustments.
so you will know what your Current Federal Estate Tax would be.
I look at the estate tax numbers to reflect -- what your Future Federal Estate Tax would look like many years ahead.
then calculate your life insurance death benefit
using special trusts -
to accumulate the
money to pay off the Future Federal Estate Tax --
and to provide extra money for the
surviving spouse - paying old bills and funeral expenses.
It is necessary to establish a needs analysis that will be used to calculate
Cost of final illness or injury
- Funeral expenses - Pay estate tax - Pay
mortgage and debts -
Provide continuing family income - Funding children's education -
Providing retirement income for a spouse - Provide an emergency fund - and Building an estate value.
Example why you need to take care for your future needs and your heirs.
Tyrell was single and died in 2013, leaving a gross estate valued at $8,250,000.
He had funeral and mortgage expenses totaling $800,000.
After all the deductions --the Federal Estate Tax due was $960,000.
This is a very basic example for the purpose of grasping the estate tax calculation concept.
The advantages of indexed universal life.
Greater time periods
Flexible payments from minimum to maximum
Borrow the cash without repaying it
Cash is tax free and not reported
You can set your time period from about ages 82 to 87.
- Why pay more than necessary
An option is an increasing death benefit that keeps up with inflation
Pay maximum for 7 years – stop paying -- and the insurance continues forever
The biggest option - your insurance is set to expire --
call the insurance company
for the price to continue the policy.
They can’t stop you from paying.