Utilizing Life Insurance for Philanthropic Planning

  • November 13, 2019
  • 12:00 PM - 1:30 PM
  • Baltimore Community Foundation - 2 E. Read St, Baltimore, MD 21202
  • 50

Registration

  • Includes: One complimentary registration; Listed as Event Sponsor with logo in event promotion and event program; Recognition as Event Sponsor from the podium; and One exhibit table, as event space permits.
AN INNOVATIVE APPROACH TO GENERATE CASH GIFTS

Charitable organizations are using an innovative approach to generate cash gifts from senior clients who currently own life insurance, including term insurance, they no longer want or need. Life insurance has present value above and beyond cash surrender value and can be appraised and valued, like any other asset, for fair market value. The policy can be sold to a licensed institutional buyer for cash and the policy owner can then use the funds in any way they wish – including donation of all or a portion of the cash proceeds to charity.

Learning Objectives:
  • Discover how the 2017 Tax Cuts and Jobs Act is driving substantial gifts of cash from affluent senior life policy owners.
  • Learn how to leverage business term insurance, which is generally lapsed without ever being appraised for fair market value, thereby leaving six to seven figures on the table that could have been donated to charity.
  • Identify a solution that allows you to generate cash from previously donated life insurance policies that have become too expensive to maintain. 
agenda

12:00 PM   Registration, Networking & Lunch
12:20 PM   Welcome & Announcements
12:30 PM   Presentation 
1:30 PM     Program Adjourns

Thank you to our chapter gold SponsorS



About the Speakers
Jon Mendelsohn
Ashar Group

Jon B. Mendelsohn is co-founder and Chief Executive Officer of the Ashar Group and Ashar SMV. Ashar serves insurance professionals and fiduciaries as an independent advanced planning resource in the secondary market for life insurance. Independent services include policy valuations, life settlements, and longevity services.  
 
Since launching Ashar Group in 2003, Jon has been an influential member of the industry, serving as an advocate for best practices and transparency. He has worked tirelessly to collaborate with members of the insurance and financial services, legal, and trust communities. Jon obtained years of hands-on experience in all facets of the Secondary Market and valuation process by working closely with estate and business planning firms. Over the past decade, he has developed unique and proprietary processes that save advisors valuable time and manage client expectations in a responsible manner. 
 
Mr. Mendelsohn earned two bachelors and a master’s degree from the University
of Florida. He participated in the Strategic Coach program for 6 years to continue to develop both professionally and personally. He is proud to serve as a member of Forum 400, a past board member of the Life Insurance Settlement Association, the Customer Advisory Board for 21st Services Underwriting, and a proud supporter of the company cause, The Crohn’s and Colitis Foundation of America. He and his family reside in Orlando, Florida.

Max Reamer
The Quantum Group

Max Reamer provides comprehensive insurance solutions for business owners, professionals, and families utilizing wealth creation, wealth preservation and tax mitigation strategies. Prior to joining The Quantum Group Max spent 5 years at Northwestern Mutual. Max holds a Maryland Life and Health producer license along with Series 6 and Series 63 securities licenses.


Max was born and raised in Baltimore and is a graduate of St. Mary’s College of Maryland where he played four years of varsity lacrosse. Max currently resides in downtown Baltimore. He is an active member in the community and is a committee member of the Cystic Fibrosis Foundation where he was named a “Maryland Finest” in 2015.

Sponsorship Opportunities

201 - Event Sponsor
Includes: One complimentary registration; Listed as Event Sponsor with logo in event promotion and event program; Recognition as Event Sponsor from the podium; and One exhibit table, as event space permits.
SUBSTITUTION POLICY
A substitution is permitted. A nonmember substitute for a member must pay the registration difference for the same Registration Type [IE: Early Bird, Standard].
Cancellation Policy
A request for refund of an event registration fee must be sent in writing, email permissible, to Info@ChesapeakePlannedGiving.org. The registration fee for an event cancellation received within seven [7] days of the event or a no-show is nonrefundable.


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