Tax Shield 2 - Episode 2 - Part 3 - The EWP Stories Video Series

Introduction

Welcome. Oddly enough many of the tax benefits used in the sophisticated designs of Expanded Worldwide Planning, or EWP for short, are common to most life insurance policies. These tax benefits are:

Tax-deferred growth of the cash value
No capital gains tax
No income tax
The ability to access the cash value through tax-free loans, and
A tax-free death benefit

In this video we meet Jack Newcastle, an attorney at the IRS. Jack is in the midst of auditing the very company that George Allbright is considering for his conservation easement. Jack’s nickname is ‘Jack the Shark.’ We learn how he earned this nickname, and why he has his current position at the IRS.
Learn more: https://expandedworldwideplanning.com/