Loan-Based Split Dollar | Superfunding ILITs
Superfunding Calculator
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The superfunding technique is used with the Loan-Based Private Split Dollar illustration module -- part of the InsMark Loan-Based Split Dollar System (which also includes the Loan-Based Split Dollar illustration module cast between employers and important executives).
Superfunding Example
- Insureds: John and Mary Smith
- Ages: 65/60
- Years to Illustrate: 30
- Number of Annual Gift Exemptions (21 each): 42 (4 children, 4 spouses, 13 grandchildren)
- Number of Premiums: 10
- Premium Reserve Account Tax Exempt Interest Rate Assumption: 4%
- Long-Term Applicable Federal Rate: 5.21% (August 2004)
Review cases below:
Here is how the plan design was established using the Superfunding Calculator:
| Attachment | Size |
|---|---|
| View an Overview of Loan-Based Private Split Dollar (PDF) | 94.75 KB |
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