Private Placement Winged Keel Group is widely recognized as one of the leading experts in the structuring and administration of Private Placement Life Insurance and Annuities.  We administer some of the largest Private Placement Life Insurance portfolios in the industry, spanning a broad spectrum of life insurance companies.

Ultra-affluent clients utilize Private Placement Life Insurance and Annuity accounts to shield traditional and alternative asset class investments from current period taxation.  These accounts can optimize after-tax investment returns, eliminate K-1s, enhance creditor protection, increase charitable bequests, reduce the reporting requirements for foreign financial institutions, and/or protect foreign non-grantor trust assets from DNI.  Under most reasonable assumption sets, the incremental cost of the Private Placement Life Insurance or Annuity account is substantially lower than the cost of income taxes that would otherwise be payable on investment gains.

Private Placement Life Insurance is a complex product that requires customized structuring and significant ongoing administration.  In many cases, the policy structuring will include one or more strategically-timed changes, such as a reduction in the life insurance benefit or systematic withdrawals and policy loans that will take place many years after the policy is issued.  Such changes cannot be scheduled for automatic processing by a life insurance company, and therefore require the kind of administrative infrastructure that Winged Keel Group has developed.  A properly structured Private Placement Life Insurance policy can provide a permanent elimination of income taxes on investment gains, even for asset values accessed during the insured’s lifetime.

Private Placement Annuities are less complex, and can also benefit from significant tax preferences.  In addition, Private Placement Annuity investment accounts do not incur insurance risk charges and can be opened without a medical exam or any other underwriting procedures.

Disclosure:  Private Placement Life Insurance and Annuities are unregistered products and not subject to the same regulatory requirements as registered products.  As such, Private Placement Life Insurance and Annuities can only be offered to accredited investors or qualified purchasers as described by the Securities Act of 1933.