ALPEN PARTNERS | ALPEN PARTNERS INTERNATIONAL
In plain English, the PPLI policyholder’s account value, based on the underlying assets held within the policy and managed by a designated asset manager, grows tax-free, can be withdrawn tax-free, and is received tax-free by beneficiaries at death.
PPLI for international clients, and particularly investors with US connections is a comprehensive wealth management tool that efficiently allows for the minimization of risks and optimization of returns.
While PPLI exists domestically, using the international version of PPLI adds the benefits of true global investment access and multi-jurisdictional checks and balances. PPLI is highly customizable and can be incorporated into estate planning. For clients exposed to US taxation, it qualifies for income tax benefits based on US tax rules. It is a legal concept that works and provides safety for long-term planning as it has been tested, has clear laws, clear interpretation and clear regulation.
THE FORUM FINANCE GROUP
Pre-immigration tax planning using a properly structured PPLI policy prior to a permanent move to the US can be effective in shielding the assets inside the policy from US taxation for income, gift, and estate taxes.