JH Solutions QuickEstate Presentation - Concept Navigator

Quick Estate Tax Presentation
A Quick Assessment of your
Estate Tax Situation.
PRESENTED BY
PREPARED FOR
Sample Agent
John Hancock Life Insurance Co.
197 Clarendon St.
Boston, MA 02116
Tel.: (617) 572-6000
Fax: (617) 572-5141
Email: hansel@JHLifeInsurance.com
Sam Valente & Vivian Valente
__
__
Insurance products are are issued by by: John John Hancock Hancock Life Life Insurance Insurance Company Company (U.S.A.), of New York Boston, , Valhalla MA and NY securities 10595. offered Securities through Products John distributed Hancock by
__
Distributors John Hancock LLC Distributors through other LLC broker/dealers through other that broker/dealers have a selling appointed agreement by with John John Hancock Hancock Distributors Distributors LLC, 197 LLC Clarendon , 197 Clarendon Street, Street, Boston, MA
Insurance John Life __ of New York , Valhalla NY 10595.
May 10, 2011
Boston, 02116 MA products 02116 are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116

QUICK ESTATE TAX PRESENTATION
Estate Tax Basics
For many people, federal estate taxes will take a large chunk of their assets before their
heirs receive any part of the estate. Therefore, minimizing estate taxes and other
transfer costs at death should be important estate planning objectives. Although there
is a one-year repeal of the federal estate tax starting on January 1, 2010, the estate tax is
scheduled to return on January 1, 2011 and may return sooner, depending on legislative
changes.
What assets get counted for estate tax purposes?
Typically, your gross estate includes every asset you own at death, including: cash, bank
accounts, CDs; stocks, bonds, mutual funds; notes receivable, real estate, business
interests; retirement plan assets; annuities, life insurance; automobiles, jewelry, artwork
and other personal property.
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
Current Plan
Projected Values for the Valente Estate
Focus Year 15²
Current Estate Value Today : $7,500,000
Projected Estate @5%: $15,591,961
Estate Taxes Due: $8,150,177
Net To The Heirs: $7,441,785
How can you reduce your potential estate tax liability?
Unlimited Marital Deduction. You can transfer unlimited assets to your spouse,
during your lifetime or at death, without incurring any federal estate or gift tax
liability. You can take advantage of the marital deduction by making an outright gift
to your spouse or by using a marital trust. 1
Estate
Taxes
52%
Net To
Heirs
48%
Credit Shelter Trust. An individual can transfer an “applicable exclusion amount”
to any beneficiary (or beneficiaries) without paying federal estate tax.
Charitable Deduction. Gifts made to a qualifying charity during life or at death can
reduce the amount of the taxable estate or the amount of federal estate tax that will
be due.
Lifetime Gifts. You can reduce your taxable estate by making qualifying tax-free
gifts during lifetime, using the $1,000,000 lifetime gift exemption.
Annual Exclusion Gifts. You can take advantage of the annual exclusion from gift
tax by giving up to $13,000 (in 2010) in cash or other assets each year to as many
individuals as you wish without paying any federal gift tax or using your lifetime gift
exemption.
Notes
The data shown is taken from a hypothetical calculation. It
assumes a hypothetical rate of return and may not be used to
project or predict investment results.
The above analysis assumes that current estate tax law is in
effect.
This analysis does not include the impact of gift taxes. To
understand the gift tax implications, ask your advisor about JH
Solutions Gifting Analysis.
Both insureds are assumed to die in the same year.
Page 2 of 9 May 10, 2011

QUICK ESTATE TAX PRESENTATION
Estate Tax Basics
How can you reduce your potential estate tax liability? (cont'd)
Irrevocable Life Insurance Trusts (ILITs). An ILIT is an irrevocable trust created
to own one or more life insurance policies. If the trust is drafted and administered
properly, the death benefit proceeds are received by the trust income and estate
tax free. 3
Irrevocable Life Insurance Trusts (ILITs)
An ILIT can help you:
Provide cash for your beneficiaries to fund estate taxes and other transfer costs.
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
Proposed Plan
Projected Values for the Valente Estate in Year 15
Projected Estate: $15,591,961
ILIT Proceeds:
$5,000,000
Leverage existing trust assets to increase what your beneficiaries receive.
Reduce potential estate tax liability by making gifts to the trust.
Protect the trust assets from your beneficiaries’ creditors.
Provide for the effective management of insurance proceeds after your death.
Equalize your assets among family members.
Provide the trustee with a source of funds from the policy’s cash values to make
trust distributions.
Estate Taxes
Due: $8,150,177
Net to The Heirs: $12,441,785
The following pages illustrate a comparison of your estate taxes due (and type of
assets available) based on your current situation, with and without the use of a life
insurance in an irrevocable trust (ILIT).
This is a supplemental illustration authorized for distribution only when preceded or accompanied by a basic illustration from the issuer. Benefits and values may not be guaranteed; the assumptions on which they are based are subject to
change by the insurer. Actual results may be more or less favorable. Refer to the basic illustration for guaranteed elements and other important information.
Page 3 of 9 May 10, 2011

QUICK ESTATE TAX PRESENTATION
Comparison of Benefits
Comparison of Estate Tax Costs
Your Current Situation in the chart at the right illustrates your
estate taxes due based on no further planning.
The Proposed Situation illustrates your estate taxes due based
on the use of life insurance owned by an Irrevocable Life
Insurance Trust.
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
Comparison of Values for the
Valente Estate in Year 15
Current Estate Value Today : $7,500,000
Current Proposed
Situation Situation
Projected Estate @5% 15,591,961 15,591,961
Projected Estate Taxes 8,150,177 8,150,177
Insurance In ILIT 5,000,000
Net To The Heirs: 7,441,785 12,441,785
Policy Information
Product: Protection SUL-G 10 Initial Premium: $43,244
Insured(s): Sam and Vivian Valente Initial Death Benefit: $5,000,000
Male Age 59, Preferred NonSmoker/Female Age 57, Preferred NonSmoker
16,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
NET TO HEIRS
1 6 11 16
Current Situation Proposed Situation
This is a supplemental illustration authorized for distribution only when preceded or accompanied by a basic illustration from the issuer. Benefits and values may not be guaranteed; the assumptions on which they are based are
subject to change by the insurer. Actual results may be more or less favorable. Refer to the basic illustration for guaranteed elements and other important information.
Page 4 of 9 May 10, 2011

Quick Estate Tax Presentation
Comparison of Alternatives based on Current Tax Law
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
(1)
(2)
(3)
(4) (5) (5)
(6)
End of Year
Proposed
Yr.
Attained
Age
Estate Balance
(5.0%)
Estate Taxes
Current Plan Plan Net
Net to to Heirs Heirs
New ILIT
Proceeds
Plan Net to
Heirs
Difference due to
to ILIT
(1-2)
(3+4)
(5-3)
1 60/58 7,875,000 0 7,875,000 5,000,000 12,875,000 5,000,000
2 61/59 8,268,750 3,842,813 4,425,938 5,000,000 9,425,938 5,000,000
3 62/60 8,682,188 4,070,203 4,611,984 5,000,000 9,611,984 5,000,000
4 63/61 9,116,297 4,308,963 4,807,334 5,000,000 9,807,334 5,000,000
5 64/62 9,572,112 4,559,661 5,012,450 5,000,000 10,012,450 5,000,000
6 65/63 10,050,717 4,825,430 5,225,287 5,000,000 10,225,287 5,000,000
7 66/64 10,553,253 5,126,952 5,426,301 5,000,000 10,426,301 5,000,000
8 67/65 11,080,916 5,443,549 5,637,366 5,000,000 10,637,366 5,000,000
9 68/66 11,634,962 5,775,977 5,858,985 5,000,000 10,858,985 5,000,000
10 69/67 12,216,710 6,125,026 6,091,684 5,000,000 11,091,684 5,000,000
11 70/68 12,827,545 6,491,527 6,336,018 5,000,000 11,336,018 5,000,000
12 71/69 13,468,922 6,876,353 6,592,569 5,000,000 11,592,569 5,000,000
13 72/70 14,142,369 7,280,421 6,861,947 5,000,000 11,861,947 5,000,000
14 73/71 14,849,487 7,704,692 7,144,795 5,000,000 12,144,795 5,000,000
15 74/72 15,591,961 8,150,177 7,441,785 5,000,000 12,441,785 5,000,000
16 75/73 16,371,559 8,617,936 7,753,624 5,000,000 12,753,624 5,000,000
17 76/74 17,190,137 9,108,776 8,081,362 5,000,000 13,081,362 5,000,000
18 77/75 18,049,644 9,581,504 8,468,140 5,000,000 13,468,140 5,000,000
19 78/76 18,952,126 10,077,870 8,874,257 5,000,000 13,874,257 5,000,000
20 79/77 19,899,733 10,599,053 9,300,680 5,000,000 14,300,680 5,000,000
21 80/78 20,894,719 11,146,296 9,748,424 5,000,000 14,748,424 5,000,000
22 81/79 21,939,455 11,720,900 10,218,555 5,000,000 15,218,555 5,000,000
23 82/80 23,036,428 12,324,235 10,712,193 5,000,000 15,712,193 5,000,000
24 83/81 24,188,250 12,957,737 11,230,512 5,000,000 16,230,512 5,000,000
25 84/82 25,397,662 13,622,914 11,774,748 5,000,000 16,774,748 5,000,000
26 85/83 26,667,545 14,321,350 12,346,195 5,000,000 17,346,195 5,000,000
27 86/84 28,000,922 15,054,707 12,946,215 5,000,000 17,946,215 5,000,000
28 87/85 29,400,969 15,824,733 13,576,236 5,000,000 18,576,236 5,000,000
29 88/86 30,871,017 16,633,259 14,237,758 5,000,000 19,237,758 5,000,000
30 89/87 32,414,568 17,482,212 14,932,356 5,000,000 19,932,356 5,000,000
This is a supplemental illustration authorized for distribution only when preceded or accompanied by a basic illustration from the issuer. Benefits and values may not be guaranteed; the assumptions on
which they are based are subject to change by the insurer. Actual results may be more or less favorable. Refer to the basic illustration for guaranteed elements and other important informatio
Page 5 of 9 May 10, 2011

Quick Estate Tax Presentation
Comparison of Alternatives based on Current Tax Law
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
(1)
(2)
(3)
(4) (5) (5)
(6)
End of Year
Current
Proposed
Yr.
Attained
Age
Estate Balance
(5.0%)
Estate Taxes
Current Plan Plan Net to Net
to Heirs
New ILIT
Proceeds
Plan Net to
Heirs
Difference due to
to ILIT
(1-2)
(3+4)
(5-3)
31 90/88 34,035,296 18,373,613 15,661,683 5,000,000 20,661,683 5,000,000
32 91/89 35,737,061 19,309,584 16,427,477 5,000,000 21,427,477 5,000,000
33 92/90 37,523,914 20,292,353 17,231,561 5,000,000 22,231,561 5,000,000
34 93/91 39,400,110 21,324,260 18,075,849 5,000,000 23,075,849 5,000,000
35 94/92 41,370,115 22,407,763 18,962,352 5,000,000 23,962,352 5,000,000
36 95/93 43,438,621 23,545,442 19,893,179 5,000,000 24,893,179 5,000,000
37 96/94 45,610,552 24,740,004 20,870,548 5,000,000 25,870,548 5,000,000
38 97/95 47,891,080 25,994,294 21,896,786 5,000,000 26,896,786 5,000,000
39 98/96 50,285,634 27,311,299 22,974,335 5,000,000 27,974,335 5,000,000
40 99/97 52,799,915 28,694,153 24,105,762 5,000,000 29,105,762 5,000,000
41 100/98 55,439,911 30,146,151 25,293,760 5,000,000 30,293,760 5,000,000
42 101/99 58,211,907 31,670,749 26,541,158 5,000,000 31,541,158 5,000,000
43 102/100 61,122,502 33,271,576 27,850,926 5,000,000 32,850,926 5,000,000
44 103/101 64,178,627 34,952,445 29,226,182 5,000,000 34,226,182 5,000,000
45 104/102 67,387,558 36,717,357 30,670,201 5,000,000 35,670,201 5,000,000
46 105/103 70,756,936 38,570,515 32,186,421 5,000,000 37,186,421 5,000,000
47 106/104 74,294,783 40,516,331 33,778,452 5,000,000 38,778,452 5,000,000
48 107/105 78,009,522 42,559,437 35,450,085 5,000,000 40,450,085 5,000,000
49 108/106 81,909,998 44,704,699 37,205,299 5,000,000 42,205,299 5,000,000
50 109/107 86,005,498 46,957,224 39,048,274 5,000,000 44,048,274 5,000,000
51 110/108 90,305,773 49,322,375 40,983,398 5,000,000 45,983,398 5,000,000
52 111/109 94,821,062 51,805,784 43,015,278 5,000,000 48,015,278 5,000,000
53 112/110 99,562,115 54,413,363 45,148,752 5,000,000 50,148,752 5,000,000
54 113/111 104,540,221 57,151,321 47,388,899 5,000,000 52,388,899 5,000,000
55 114/112 109,767,232 60,026,178 49,741,054 5,000,000 54,741,054 5,000,000
56 115/113 115,255,593 63,044,776 52,210,817 5,000,000 57,210,817 5,000,000
57 116/114 121,018,373 66,214,305 54,804,068 5,000,000 59,804,068 5,000,000
58 117/115 127,069,292 69,542,310 57,526,981 5,000,000 62,526,981 5,000,000
59 118/116 133,422,756 73,036,716 60,386,040 5,000,000 65,386,040 5,000,000
60 119/117 140,093,894 76,705,842 63,388,052 5,000,000 68,388,052 5,000,000
This is a supplemental illustration authorized for distribution only when preceded or accompanied by a basic illustration from the issuer. Benefits and values may not be guaranteed; the assumptions on which they are
based are subject to change by the insurer. Actual results may be more or less favorable. Refer to the basic illustration for guaranteed elements and other important information.
Page 6 of 9 May 10, 2011

Quick Estate Tax Presentation
Comparison of Alternatives based on Current Tax Law
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
(1)
(2)
(3)
(4) (5) (5)
(6)
End of Year
Current
Proposed
Yr.
Attained
Age
Estate Balance
(5.0%)
Estate Taxes
Current Plan Plan Net to Net
to Heirs
New ILIT
Proceeds
Plan Net to
Heirs
Difference due to
to ILIT
(1-2)
(3+4)
(5-3)
51 110/108 90,305,773 49,322,375 40,983,398 5,000,000 45,983,398 5,000,000
52 111/109 94,821,062 51,805,784 43,015,278 5,000,000 48,015,278 5,000,000
53 112/110 99,562,115 54,413,363 45,148,752 5,000,000 50,148,752 5,000,000
54 113/111 104,540,221 57,151,321 47,388,899 5,000,000 52,388,899 5,000,000
55 114/112 109,767,232 60,026,178 49,741,054 5,000,000 54,741,054 5,000,000
56 115/113 115,255,593 63,044,776 52,210,817 5,000,000 57,210,817 5,000,000
57 116/114 121,018,373 66,214,305 54,804,068 5,000,000 59,804,068 5,000,000
58 117/115 127,069,292 69,542,310 57,526,981 5,000,000 62,526,981 5,000,000
59 118/116 133,422,756 73,036,716 60,386,040 5,000,000 65,386,040 5,000,000
60 119/117 140,093,894 76,705,842 63,388,052 5,000,000 68,388,052 5,000,000
61 120/118 147,098,589 80,558,424 66,540,165 5,000,000 71,540,165 5,000,000
62 121/119 154,453,518 84,603,635 69,849,883 5,000,000 74,849,883 5,000,000
This is a supplemental illustration authorized for distribution only when preceded or accompanied by a basic illustration from the issuer. Benefits and values may not be guaranteed; the assumptions on which they are
based are subject to change by the insurer. Actual results may be more or less favorable. Refer to the basic illustration for guaranteed elements and other important information.
Page 7 of 9 May 10, 2011

Quick Estate Tax Presentation
Assumptions
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
CLIENT INFORMATION Value Explanation LIFE INSURANCE Value Explanation
Family Name Valente Name of family Type of Policy Survivorship Survivorship or Single Life
Client Name Sam Given name of the first client Policy Name Protection SUL-G 10
Age 59 Age of the first client State Michigan
Sex Male Sex of the first client Initial Policy Death Benefit $5,000,000 Total death benefit
Smoking Status Preferred NonSmoker Underwriting class of the first client (required) Policy Premium $43,244.41 Annual Premium
Spouse's Name Vivian Given name of the second client Years for Premiums 4 64 Number of years to pay premiums
Age 57 Age of the second client Current Crediting Rate 0.00% Policy's crediting rate
Sex Female Sex of the second client
Smoking Status Preferred NonSmoker Underwriting class of the second client
PLAN INFORMATION
PRESENTER INFORMATION
Heirs' Names The Heirs Names of the heirs Presenter's Name Sample Agent Name of presenter
Total Estate Value 7,500,000 Total estate value Agency Name John Hancock Life Insurance Co.
After Tax Growth Rate of 5.00% After tax (income) growth rate for estate Address 197 Clarendon St.
Estate Assets assets City State, ZIP Boston, MA 02116
Use Unified Credit at No Use Unified Credit at first death? Telephone (617) 572-6000
First Death? Fax (617) 572-5141
ESTATE TAX METHOD E-Mail Address hansel@JHLifeInsurance.com
Estate Tax Option Current Law Estate tax rates based on the selected RESULTS
option Focus Year 15 Focus year
DETAILED PLAN INFORMATION Print Years 62
This is a supplemental illustration authorized for distribution only when preceded or accompanied by a basic illustration from the issuer. Benefits and values may not be guaranteed; the assumptions on which they are based are subject
to change by the insurer. Actual results may be more or less favorable. Refer to the basic illustration for guaranteed elements and other important information.
Page 8 of 9 May 10, 2011

QUICK ESTATE TAX PRESENTATION
Quick Estate Tax Presentation
Prepared for Sam Valente & Vivian Valente Presented by Sample Agent
Quick Estate Tax Presentation is a planning tool designed to assist you in exploring potential
estate planning options through the use of life insurance. However, this presentation is not
intended as your estate/gifting plan nor is it a specific recommendation for your estate/gifting
plan. This presentation is for demonstrative purposes only. This analysis does not constitute a
recommendation of a particular option over any other planning alternative. Other alternatives may
be more appropriate or suitable for your particular situation and should be discussed with your
legal, tax, and accounting advisors prior to your making any gifting or purchase decisions.
John Hancock does Newnot York guarantee does not theguarantee accuracythe of the accuracy Quick Estate of the Tax Quick Presentation Estate Taxsystem Presentation or the
output. system or John theHancock output. John willHancock not be liable Newfor York anywill damages not be liable arisingfor from anythe damages use orarising misusefrom of this the
software use or misuse or from of any this errors software or omissions or from any in errors the same. or omissions John Hancock in theassumes same. John no duty Hancock to update New
this York software assumes or no to duty provide to update notice this of any software errors or in to the provide software notice or applicable of any errors changes in the in software the law. or
applicable changes in the law.
Figures used in this program illustrate various benefit/retirement planning concepts, which are
based Figures upon usedboth in this assumptions program and illustrate data provided various benefit/retirement by you, the client. planning Your furnishing concepts, ofwhich accurate are
data based will upon helpboth enhance assumptions the valueand of this dataanalysis. providedHowever, by you, the all assumed client. Your growth furnishing rates forofassets accurate are
based data will upon help information enhance theprovided value ofand this analysis. assumed However, by you and all assumed are not agrowth guarantee ratesof forthe assets future are
performance based upon information of the life insurance provided policy. and assumed Please by review you the and assumptions are not a guarantee page forof accuracy the future of
information. performance of the life insurance policy. Please review the assumptions page for accuracy of
information.
This supplemental illustration assumes that the currently illustrated non-guaranteed elements will
continue This supplemental for all years illustration shown. This assumes is not that likely the currently to occur illustrated and actualnon-guaranteed results may be elements more or less will
favorable continue for thanallthose yearsshown. The Thisactual notconsequences likely to occur ofand a particular actual results planning may be alternative more orwill
less
depend favorable onthan manythose variables, shown. some Theof actual whichconsequences may not be of accounted a particular for or planning fully described alternative in this will
presentation. depend many Unless variables, otherwise some indicated, of whichthe may income not betax, accounted estate tax, for or andfully generation-skipping
described in this
transfer presentation. (GST) Unless tax implications otherwise indicated, of other specific the income transactions tax, estate are not tax, reflected and generation-skipping
in the analysis.
Before transfer you (GST) maketax anyimplications investment, of estate other or specific tax planning transactions decisions are (ornot change reflected title to in any the assets analysis. or
change Before beneficiary you make any designations), investment, your estate legal or tax andplanning tax advisors decisions should(or bechange consulted titletotodetermine any assets(1)
or
the change suitability beneficiary of adesignations), particular planning your legal alternative and tax advisors for you, should and be (2) consulted the precise to determine legal, tax, (1)
investment, the suitability and of accounting a particular consequences planningof alternative that alternative. for you, As you and explore (2) theyour precise planning legal, needs tax,
with investment, your legal and and accounting tax advisors, consequences we hope that of that you alternative. find this analysis As youuseful.
explore your planning needs
with your legal and tax advisors, we hope that you find this analysis useful.
Internal Compliance Number: MLI02041012188
This material is is authorized for for distribution only only when when accompanied preceded or by the accompanied basic illustration by a current
and the
prospectus client guide for for the illustrated relevant product.
issued by John Hancock Life NewInsurance York, andCompany for John (U.S.A.), Hancock
Trust. and for The John prospectus Hancockcontains Trust. complete The prospectus details on contains investment complete objectives, details risk, onfees, investment charges
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information carefully such was not advice. intended containing It was product or written not thisintended and forother useor underlying and written information cannot be portfolios used onand the bycannot product any andtaxpayer consider beand used for the these by underlying any purpose factors taxpayer of portfolios carefully avoiding for the
before and purpose any IRS consider investing. of penalty. avoiding these ItThis was any factors written IRS material carefully penalty. to support isItbefore not wasthe intended written investing. marketing toas support of Product investment the the transactions marketing and/or advice. product or oftopics the Product transactions features it addresses. and/or may
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must the his circumstances or basic be her accompanied illustration particular from circumstances independent and by the client basic professional illustration guide from independent for the and advisors. relevant the professional client product. guide for advisors. the relevant product.
Variable life universal insurance life insurance has annualhas fees annual and expenses fees andassociated expenses associated with it in addition with intoaddition life insurance to life
related insurance charges relatedincluding charges (which surrender differcharges with theand product investment chosen), management including surrender fees. Variable charges and life
insurance investmentismanagement unsuitable as fees. a short Variable termuniversal savings vehicle. life insurance The primary productspurpose are long-term of Variable contracts life
insurance and are sold is to byprovide prospectus. lifetime They protection are subject against to market economic risk loss due due to the tounderlying the death of sub-accounts, the insured
person. and arePlease unsuitable haveas your a short clients termconsult savings with vehicle. their professional The primaryadvisors purposetof find variable out which universal typelife
of
life insurance insurance is tois provide more suitable. lifetime protection against economic loss due to the death of the insured
person. Cash values are not guaranteed if the client is invested in the investment accounts. There
This are risks material associated is forwith informational each investment purposes option, only. and Although the policy many may lose of the value. topics presented may
involve legal, tax, accounting, or other issues, neither John Hancock New York, John Hancock
Distributors This materialLLC does nor not constitute any of their tax, legal agents, or accounting employees, advice registered and neither representatives John Hancock or registered nor any
representatives of its agents, employees affiliated or through registered a selling representatives agreement are in the business of offering such advice. on It
these was not issues. intended Youor should written consult for usewith andyour cannot professional be used byadvisors any taxpayer on thefor legal, the purpose tax, accounting, of avoiding or
financial any IRS penalty. planning Itaspects was written of the topics support presented. the marketing of the transactions or topics it addresses.
Anyone interested in these transactions or topics should seek advice based on his or her particular
circumstances from independent professional advisors.
Footnotes
1.If your spouse is not a U.S. citizen, other restrictions apply.
2. The focus year refers to the year that has been chosen by you. The values in the focus year are
highlighted, can be changed and are for your convenience only. The year may be life expectancy, a
random year, or a year that coincides with your personal planning goals.
3. Trusts should be drafted by an attorney familiar with such matters in order to take into account
income and estate tax laws (including the generation-skipping transfer tax). Failure to do so could
result in adverse tax treatment of trust proceeds.
4. Years to pay premium is a hypothetical calculation. Premium payments are the responsibility of
the policy owner and are always payable for the life of the policy. However, the policy's cash values
may, depending on future performance, grow to a level where the premium payments due may be
paid from the policy's cash values. The policy's cash values are not guaranteed. Actual growth may
be more or less favorable. Failure to pay premiums when due may cause the policy in question to
lapse.
Page 9 of 9 May 10, 2011