Wealth Strategies Journal

Do More, Better, Faster

Category: Column: By the Numbers

Espen Robak: The Whys and Hows of Valuing Life Insurance

By Espen Robak

When changing the ownership of a life insurance policy by gift or sale, many advisors report to us that their client experienced a sticker shock. As an example, an attorney called to say his client had a $20 million term policy with an annual premium of $120,000. … Continue reading

Espen Robak: Valuing Fund Carry – Consider the Market Evidence*

By Espen Robak

Pure profits interests like a carried interest of a venture fund or hedge fund – at their inception – have zero intrinsic value.1 Much like out-of-the money stock options, they either make rapid leaps in value or expire worthless: this represents a significant transfer tax planning … Continue reading