law firm of Markuson Law Group, LLC provides services to
ultra high net worth clients seeking counsel regarding advanced
life insurance planning and advanced tax planning. The firm also provides consultation services to financial
management firms and insurance companies that desire to develop an advanced life insurance program or integrate such a program
into their financial management services.
addition, Markuson Law Group consults with professional
advisors, such as attorneys, accountants, stockbrokers, insurance
professionals, money managers and financial planners who have affluent
clients who would benefit from the unique income tax planning that can
be achieved through the use of private placement life insurance and other life insurance techniques. If, and to the extent, needed by those professional advisors
with whom we consult, the attorneys at Markuson Law Group also coordinate any or all of the planning and implementation necessary
to carry out such strategies that become part of the client’s overall
estate and financial plan
begun as estate planners and international tax lawyers, the lawyers of Markuson Law Group had, over the years before developing our unique
expertise with private placement life insurance, established ourselves
at the pinnacle of our respective fields.
Through working with private placement life insurance and other
sophisticated life insurance products in the context of such practices,
we became familiar with the practical, essential and esoteric attributes
of such products in the context of the needs of the ultimate consumer.
Not content to simply craft cutting edge tax and estate plans, we
considered it critical to understand and work with the fundamental
aspects of these programs to provide our clients with the best financial
the years since we made private placement life insurance one of the focuses of
our practice, the lawyers of Markuson Law Group have taken
that knowledge and experience to new levels.
We bring to the clients of our consulting practice (both the
professional advisor with his or her own end-user client and the
investment or insurance institution developing advanced
life insurance-based programs) multi-disciplinary, practical and technical
knowledge that is unusual in one whose background is solely in law,
investment companies, or actuarial sciences.
It is that broad yet specialized knowledge, tempered by an
understanding of the needs of the ultimate consumer, that has given Markuson Law Group the first rate reputation it enjoys today in the
sampling of Markuson Law Group's clients and allied professionals
wire houses and brokerage firms establishing “turn-key” private
placement life insurance programs in which they wrap their established
investment management programs and hedge funds.
Among Markuson Law Group's services found to be particularly
valuable in these cases are our insight into the manifold and complex
elements of insurance pricing and the ability, therefore, to negotiate
favorable pricing, our educational programs provided to the
institution’s elite relationship managers, and our assistance in
marketing and closing transactions.
Four and regional accounting firms and large, mid-size and small law firms
with particular clients with defined needs unmet by other strategies and
solutions, for one reason or another.
While we have provided the necessary expertise to introduce this
concept to our clients, to assist in crafting a global plan, and to make
the necessary introductions to insurance carriers and analyze the costs,
all of which have been fully appreciated by our clients, the
professionals consulting with us, they all seem to like our educational
and brain-storming seminars best, where roomfuls of tax and financial
professionals–in person, on video conference or telephone
conference–throw vexing problems at us and grill us as together we solve
the world’s–or at least their clients’–problems.
with a substantial trust operation run out of South Dakota, appreciated
our suggestion that a reduced premium tax in South Dakota would be a boost
for their trust business as their high net worth family groups stepped
into private placement life insurance-based investment programs.
They appreciated it so much that, at their request, and mainly
through our efforts, South Dakota now has a premium tax regime that is
effectively de minimis for large life insurance
policies with implications far outreaching even this particular bank.
at Markuson Law Group welcome the opportunity to make private
placement life insurance work for you as we have done for others.