System, method, and computer program product for managing an investment to increase the after-tax death benefit of the investment

摘要

A system, method, and computer program product for managing an investment to increase the after-tax death benefit of the investment received by the beneficiaries, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program receives and stores information relating to an investment and periodically assesses the value of the investment. The computer program then determines an insurance premium that will provide a death benefit based on the assessed value of the investment. Next, the computer program collects or otherwise receives information of receipt of the insurance premium. In the preferred embodiment, the insurance premium provides a life insurance death benefit of forty percent (40%) of the assessed value of the investment. Because the maximum federal tax on the investment is approximately thirty-six percent (36%) of the investment value, even if the investment were purchased with appreciated assets, the life insurance death benefit ensures that the beneficiaries receive an after-tax death benefit that is substantially equal to or greater than the pre-tax value of the investment.