The Insured Portfolio: Your Gateway to Stress-Free Global Investments

Appendix A. EXAMPLES OF HOW PRIVATE PLACEMENT POLICIES MAY BE USED: Case Studies

Given the multiple ways that private placement policies can be used, we have included a few case studies to show how flexible and varied their uses may be. Some of the stories contained within this book and in this appendix are hypothetical; however, many stories are real examples. We have intentionally used pseudonyms out of respect for personal privacy and confidentiality.

We hope that these examples will assist you in your quest for the right financial solution.

CASE STUDY 1: RUSSELL—YEARS IN THE ICE CREAM BUSINESS PAYS OFF

Russell is a jolly old man much like anyone in his position might be. He began his career driving his ice cream truck around town, selling treats to the local kids. He saved and worked diligently, and eventually opened an ice cream shop in his small town. That was 25 years before he first came to realize he needed to think about growing and protecting his wealth. Now, he had opened two more shops and built a strong brand presence in his small town.

Tourism was on the rise, he explained, and a group had offered to buy him out. Russell wasn't yet ready to retire, but they made a pretty tempting offer, and Russell saw the opportunity to seriously improve his future prospects and elevate his quality of life. A man who never would have believed he would be a millionaire now saw that he had the opportunity.

So, Russell took the offer and made the deal to sell his business.

In the immediate ...