Sports Agents and Entertainment Agents
It’s a fact that agents of Sports professionals and Entertainers can have major challenges when their clients first begin to earn large amounts of money.
One way to control both cash availability and capital growth is for the agent to set up their own white labelled Private placement life insurance program that allows them to form individual insurance dedicated funds for their clients ,that will ‘wrap’ the capital value of contracts, endorsements and sundry income in a manner that allows the value to grow free of tax.
The client’s family are also protected while allowing the agent and their chosen financial advisor to invest any capital and income within the structure allowing tax free income drawdown, leverage for further asset purchases and effective growth of assets without the tax drag.