G - Physics – 06 – Q
Patent
G - Physics
06
Q
G06Q 40/00 (2006.01)
Patent
CA 2551464
A method is provided for developing, financing and administering an asset-protected executive benefit. An employer or investor makes an investment in an LLC whereby the employer or Investor becomes the preferred, non-managing member and is entitled to receive a guaranteed payment plus pre-established rate of return. An Executive also makes an investment in the same LLC, becomes a non-preferred, managing member and is entitled to receive value created by the LLC in excess of the amount paid to the preferred member: The LLC invests in, owns, and is the beneficiary of two life insurance policies; a Preferred Policy designed to have a death benefit equal to the investment plus cumulative guaranteed return to the preferred member, and an Investment Policy designed to meet the long-term investment objectives of the members. The Executive may instruct the LLC to borrow against the Investment Policy from which the Executive receives a cash distribution.
Edwards Dale K.
Kirby Eades Gale Baker
LandOfFree
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