Learn About Living Legacy Planning

Concerning the distribution of assets and wealth transfers - some of the related challenges and common worries people have include:

• How much money will be needed for their own retirement?

• How to ensure their gifts to family members will be meaningful and used appropriately.

• How can they avoid the risk of losing control once funds are gifted to their children or the concern that these funds won’t be spent wisely, etc.

Some of the unique features of our plans include:

• Our plans are designed to be gifted by parents to family members while they’re still living rather than waiting until they pass. This allows for their children to take advantage of valuable years of compound interest rather than waiting until the time they inherit—which may be 20 to 30 years from now. And, as many people know, once these valuable years of compound interest are lost—they can’t be recovered.

• Our plans also provide upside market potential without exposing savings to downside market loss. Unlike many stock market or securities-based plans—our plan account values are annually locked-in.

• For those who qualify, NG Family Savings also offers the option of a unique three-to-one leveraging strategy that has the potential to increase your original gift to family members by 5 to 10 times or more. This allows you to keep and maintain funds that may be needed for your own retirement while still providing a substantial gift to family members. 

• Our plans also help individuals and families plan for the unexpected. As dual benefit programs (life insurance combined with a tax-advantaged savings component), our plans are also able to financially assist with living benefits such as, long-term care, chronic, critical, or terminal illness expenses as well as provide tax-free death benefits to designated beneficiaries.

Question: Do you think taxes will be higher or lower 20 to 30 years from now? 



• By gifting to your children now at current tax rates—you and your family members avoid the risk of higher taxes in the future.  And, as mentioned earlier, once plans are in place, each includes tax-deferred growth as well as a tax-free distribution option.