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1. WO2002039644 - SYSTEM FOR FUNDING, ANALIZING AND MANAGING LIFE INSURANCE POLICIES FUNDED WITH ANNUITIES

Publication Number WO/2002/039644
Publication Date 16.05.2002
International Application No. PCT/US2001/043031
International Filing Date 09.11.2001
Chapter 2 Demand Filed 10.06.2002
IPC
G06Q 40/00 2012.01
GPHYSICS
06COMPUTING; CALCULATING OR COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
CPC
G06Q 20/10
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20Payment architectures, schemes or protocols
08Payment architectures
10specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
G06Q 40/00
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
G06Q 40/02
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
02Banking, e.g. interest calculation, credit approval, mortgages, home banking or on-line banking
G06Q 40/08
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
08Insurance, e.g. risk analysis or pensions
G06Q 40/10
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
10Tax strategies
Applicants
  • KAVANAUGH, Bart [US]/[US]
Inventors
  • KAVANAUGH, Bart
Agents
  • TANNER, Christopher, M.
Priority Data
60/246,75509.11.2000US
60/286,34426.04.2001US
Publication Language English (EN)
Filing Language English (EN)
Designated States
Title
(EN) SYSTEM FOR FUNDING, ANALIZING AND MANAGING LIFE INSURANCE POLICIES FUNDED WITH ANNUITIES
(FR) SYSTEME DE FINANCEMENT, D'ANALYSE ET DE GESTION DE POLICES D'ASSURANCE-VIE FINANCEES PAR DES RENTES
Abstract
(EN)
The invention relates to a program that administers a method of funding life insurance policies (312) using annuities that are purchased at least in part using borrowed money (316), using business and trust structures (314) to reduce and/or eliminate tax. This investing can be done either directly by the policy or through the trust (314) and/or other business entity. As an internal investment of the insurance policy (312) the income generated by the annuity (302) and the inside build-up are non-income to the owner of the policy. The resulting death benefits (320), (323) will also be non-income taxable to the beneficiary (324).
(FR)
L'invention concerne un programme gérant un procédé de financement de polices d'assurance-vie au moyen de rentes acquises au moins partiellement au moyen d'argent emprunté, de structures commerciales et de fiducie, en vue de réduire et/ou de supprimer l'impôt. Cet investissement peut être exécuté soit directement par la police, soit par l'intermédiaire de la fiducie et/ou d'une autre entité commerciale. Le revenu généré par la rente et l'accroissement interne du propriétaire de la police ne sont pas soumis à l'impôt du fait qu'ils sont considérés comme investissements internes de la police d'assurance. Les prestations de décès obtenues par le bénéficiaire ne sont également pas soumises à l'impôt.
Also published as
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