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Asset Transfer

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An NGL trust gives clients the peace of mind that their funds are protected and will be there when needed.

Trusts are a winning addition to your product portfolio, especially when combined with NGL insurance products to give your clients the solution they are looking for!

Asset Transfer with NGL flowchart

Your clients are receiving a blend of the financial protection provided by life insurance with the advantages of an irrevocable funeral trust. This allows your clients to plan ahead by permanently setting aside funds needed to cover their final expenses and easily transfer wealth.

  • Client Profile
  • Benefits of Trusts
  • Asset Protection
  • Asset Transfer

Client Profile

  • Client A
  • Needs to qualify for Medicaid now
  • Concerned with asset preservation
  • Wants to set aside enough funds to cover funeral costs

Click on the Asset Protection tab to learn more the Funeral Expense Trust
  • Client B
  • Not concerned with Medicaid qualification
  • Wants to transfer assets to heirs and favorite charities
  • Set aside funds to cover funeral costs

Click on the Asset Transfer tab to learn more the Estate Expense Trust

Benefits of NGL Irrevocable Trusts

  • Everyone qualifies for a Trust
  • Trusts are FREE
  • Proceeds avoid probate costs and delays
  • Protection from creditors
  • Benefits are income tax-free
  • Funds portable to any funeral home provider
  • Funds available immediately – 24-48 hours

Why tell your client about an asset protection trust? NGL Funeral Expense Trust is beneficial for clients who want to pay for funeral expenses only and might qualify for Medicaid in the next five years.
Asset Protection with NGL
Some states may vary on Medicaid Rules and eligibility is not guaranteed; please consult an Elder Law Attorney in your state for assistance.

Why tell your client about an asset transfer trust? NGL Estate Planning Trust is useful for clients who want to easily transfer limited amounts of wealth to their children or favorite charity.
Asset Transfer with NGL
Some states may vary on Medicaid Rules and eligibility is not guaranteed; please consult an Elder Law Attorney in your state for assistance.

1

Cover burial/final expenses

2

Transfer wealth/leave inheritance

Your experience will help you work with clients on a needs analysis to identify a policy that is significant to them. Help your clients learn about asset protection and asset transfer so they can leave a financial legacy as a way to be remembered.

Many people believe that final expenses are solely funeral expenses. But what about the other expenses a family faces on a daily basis that will continue even after they pass away? There are lost wages, mortgage, credit card debt, attorney fees, etc. The family expenses will continue to arrive even after a person has passed away.

NGL has a unique mix of products that will pay for funerals, protect assets and transfer assets to the loved ones and charities your clients value most.

5 Ways to Use Estate Planning White Paper

We understand that you are doing everything in power to help your clients. Just as they would to protect the ones they love, and we want to help in any way we can. 

Download NGL's Estate Planning Trust white paper, 5 Ways to Use Estate Planning, to share with your clients. 

Download NGL's Estate Planning Trust white paper here!

Learn More About NGL's Trusts

 
The Time is Now
Learn about what you need to do to prepare for retirement.
 
Estate Planning Trust
Learn about how the Estate Planning Trust can help you and your family.
 
NGL's Estate Planning Trust
Learn about NGL's flexible Estate Planning Trust and what it does for you.

*Some states may vary on Medicaid rules and eligibility is not guaranteed; please consult an elder law attorney in your state for assistance. The NGL Estate Planning Trust is subject to a 5-year look-back period for Medicaid qualification. Products and trust limits may vary by state, due to individual state regulations. Trusts not available in all states.