Episode 28 is now available on Bridgeford Trust Company’s Delivering Direction and Control podcast series!
In this episode, David Warren – Co-Founder/Chairman of the Board of Bridgeford Trust Company – sits down with returning guest, Jonathan Gopman – Partner at Nelson Mullins – and a new guest, Mark Sims – President of Madison Insurance Group.
The focus of the conversation is Madison Insurance Group’s pioneering risk management strategy, Private Insurance. Mark talks about how this strategy enables businesses and organizations to direct procure insurance coverage for selected risks, transfer high exposure to third parties, and designate an investor to participate in an innovative profit-sharing program. As a result, investors build tax efficient assets to help protect their business and assure their future.
Jonathan then goes into a sample profile of who could benefit the most from this product as well as the planning opportunities that are not easily seen on the estate planning side to use trusts and different types of financial products with Private Insurance.
Bridgeford Trust Company’s Delivering Direction and Control podcast was developed to educate, challenge, and inspire listeners. As we interview experts in the trust planning arena, we keep listeners updated on developments regarding modern trust law and provide practical discussion on the powerful trust planning opportunities available to advisors around the country and the world – all in an effort to deliver far more direction and control to clients and their advisors than ever before. Check out all of our episodes here: bridgefordtrust.com/podcasts.
If you have questions on any of the topics discussed in this latest episode, don’t hesitate to reach out to us via our contact form or call us at (605) 224-9189.