Wealthy and Wise® | Features

What You Can Do With The System

• Test for Sustainability of Cash Flow Goals
• Test Financial Tolerance for Gifting
• Measure the Impact of any Strategy on Pre-death Net Worth
• Compare Alternative Wealth Accumulation and Distribution Strategies
• For Couples, Change Number of Estate Tax Exemptions from Two to One to Show the Positive Impact of Using a Credit Shelter Trust
• Compare Alternative Wealth Preservations Strategies
• Compare Plans With and Without Life Insurance (in or out of the estate)
• Measure the Impact of Taxable Gifts Compared to No Gifts
• Illustrate Premium Financing using Bank Loans
• Compare Tax Deferred w/ Taxable, Tax Exempt, and Equity Alternatives
• Calculate After Tax Social Security Retirement Benefits
• Calculate After Tax Income from Single Premium Immediate Annuities (no refund or period certain)
• Calculate Estate Value of Period Certain Annuities
• Illustrate IRAs, Roth IRAs, 401(k)s, Keoghs, and Defined Benefit Plans
• Analyze Pension Accum./Distribution Strategies incl. Spousal Pensions
• Evaluate Charitable IRA
• Evaluate Stretch-Out IRA
• Compare Stretch-Out IRA to Charitable IRA
• Evaluate Charitable Bequests of Annuity Assets
• Evaluate Zero Estate Plans
• Analyze Charitable IRA Rollovers (good through '07 unless Congress extends)
• Compare Alternative Charitable Strategies
• Test "Pension First" vs. "Pension Last" Distribution Strategies
• Handle Multiple Taxable, Tax Exempt, Tax Deferred, & Equity Accounts
• Measure Impact of Potfolio turnover on Equity Performance
• Compare Variable Annuities with Equity Accounts
• Analyze Grantor-Funded Loan-Based Private Split Dollar (loan interest gifted or accrued; gifted then accrued or accrued then gifted)
• Analyze Premium Financing Arrangements Funded by Bank Loans
• Evaluate 1035 Annuity Exchanges
• Evaluate Annuity Rescue Plans (w/life insurance in and out of the estate)
• Evaluate Pension Rescue Plans (w/life insurance in or out of the estate)
• Analyze Insure vs. Self-Insure (e.g., Long-Term Care, Disability Income)
• Compare Term vs. Permanent Insurance
• Include Graphs, Bar Charts, and Pie Charts to Compare the Impact of Different Strategies on Net Worth, Transfer Taxes, Wealth to Heirs, and Wealth to Charity

Additional Capabilities

• Built-in Animated Screen Show (Toolbar icon)
• Built-in 7-Minute Video Featuring a Wealthy and Wise Presentation (Toolbar icon)
• Electronic Link with Illustration Systems of over 80 Insurance Companies
• Electronic Link with InsMark’s Corporate and Private Split Dollar Modules
• Electronic Link with InsMark’s Loan-Based Split Dollar and Loan-Based Private Split Dollar
• Electronic Link with InsMark's Premium Financing System
• Electronic Link with InsMark’s Loan-Based Deferred Compensation System

Wealthy and Wise Logic:

Click here and take a few minutes to review the Wealthy and Wise® logic report. (If you’re not using Wealthy and Wise, pray your competition isn’t either.)

To see how easy this system is to use, review the Sample Input Screens.