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Guest
Guest
Hello,
I have been doing a ton of reading on Missed Fortune.
Just out of idle curiosity, I thought (maybe I dreamed it up) that it was either illegal or unethical for a life insurance agent to suggest an LI contract as an option to evade income taxes. I think I may have come to this conclusion when Prudential got itself in a jam in Florida getting retirees to cash in their WL policies in exchange for annuities (this was years ago).
The more I read about this topic on the internet, I note that there are agencies that specifically advertise as helping to implement the doctrine aspoused in Missed Fortune. That is why I am wondering if I dreampt it up or if they posess some sort of license such as financial consultant or something in addition to being LI Agents.
Thanks.
I have been doing a ton of reading on Missed Fortune.
Just out of idle curiosity, I thought (maybe I dreamed it up) that it was either illegal or unethical for a life insurance agent to suggest an LI contract as an option to evade income taxes. I think I may have come to this conclusion when Prudential got itself in a jam in Florida getting retirees to cash in their WL policies in exchange for annuities (this was years ago).
The more I read about this topic on the internet, I note that there are agencies that specifically advertise as helping to implement the doctrine aspoused in Missed Fortune. That is why I am wondering if I dreampt it up or if they posess some sort of license such as financial consultant or something in addition to being LI Agents.
Thanks.