april, 2007 copyright © 2002-2007 impact technologies group, inc. | all rights reserved | | ph:...

April, 2007

Copyright © 2002-2007 Impact Technologies Group, Inc. | All Rights Reserved | www.impact-tech.com | Ph: 800.438.6017

2007R1 Enhancements

®

Executive Summary for Estate Tax Analysis


• 1-2 page overview of ETA results • Appears at beginning of the presentation• Optional in full version of ETA• Prints automatically from the Quick Estate Planner



Current Situation• Assets• Total Value if Death Today



Effects of Current Situation• Total to Family• Percent of Estate to Family



Proposed Strategy• Total to Family• With and Without Life

Insurance



Cash Flow Failure• Proposed Strategy



Failure Statements• Cash Flow Failure• Estate Settlement Failure• For all 3 scenarios• Alerts advisor before

walking through the presentation with client



Scenario Comparison• Current vs. Proposed



Summary• Total to Family• Proposed Strategy with New

Life Insurance

Mid-Level Estate Tool


• Use the same Quick Estate Planner• Illustrate Proposed

• Marital & Family Trust• Move Existing Life Insurance to an ILIT• Ongoing gifts (charitable, exclusion)• New Life Insurance

• Prints same ETA presentation



• Use the same Quick Estate Planner



• Illustrate Proposed• Marital & Family Trust



• Illustrate Proposed• Move Existing Life Insurance to an ILIT



• Illustrate Proposed• Ongoing gifts (charitable, exclusion)



• Illustrate Proposed• New Life Insurance



• Prints same ETA presentation

Charitable Alternative Module for QPDA


How it Works• Charity is beneficiary of IRA• Distributions to pay taxes and life insurance premiums

Benefits• Charitable gift reduces estate taxes• Charity gets more powerful gift (no IRD taxes due)• Family receives insurance proceeds from ILIT



Access PlanFacts from MySite



Fill Out PlanFacts



Print Report – Distributions during Life (No Insurance)



Print Report – Distributions during Life (WITH NEW Insurance)



Print Report – Estate at Death (No Insurance)



Print Report – Estate at Death (WITH NEW Insurance)



Print Report – Comparison (No Insurance vs. WITH NEW Insurance)


• Insurance owned in IDGT• Premiums paid by IDGT• Works with IDGT & IDIT

Add New Life Insurance to an IDGT


Add New Life Insurance to an IDGT• Check bottom box to

access Life Insurance tab


• Standard insurance information

• Owner & Insured are “Trust”

Add New Life Insurance to an IDGT


Same as Detailed Planning• Estimate based on Salary

• If no salary, assume maximum benefit• Use information from SS Benefits statement• Automatic benefit adjustment in presentation

PlanFacts Social Security Entry Standardized


PlanFacts Social Security Entry Standardized


Bonus Enhancement• Classic Trust in Current Situation• Illustrate existing life insurance held in trust

Illustrate Insurance in an Existing Classic Trust


Illustrate Insurance in an Existing Classic Trust


Summary of Enhancements

•Executive Summary for Estate Tax Analysis•Mid-Level Estate Tool•Charitable Alternative Module for QPDA•Add New Life Insurance to an IDGT•PlanFacts Social Security Entry Standardized•Illustrate Insurance in an Existing Classic Trust

…So how do you turn Enhancements into Sales?

Maxey!

april, 2007 copyright © 2002-2007 impact technologies group, inc. | all rights reserved | | ph:...

Documents

impact technologies

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estate tax analysiscopyright

familypercent of estate

proposedexecutive summary

familyexecutive summary

clientexecutive summary

death todayexecutive