PPLI and EWP for Financial Advisors – by Michael Malloy CLU TEP RFC

Expanded Worldwide Planning, (EWP) and Private Placement Life Insurance, (PPLI), working Together

EWP and PPLI: A New Paradigm for International Structuring

As a financial advisor, you’re always looking for ways to give your clients more control and simplicity in their financial structures. That’s where Expanded Worldwide Planning (EWP) and Private Placement Life Insurance (PPLI) come in.

EWP is a new approach to international tax planning that simplifies existing structures and minimizes reporting obligations under FATCA and CRS. At EWP Financial, we’ve found that clients are increasingly requesting simpler structures that offer full transparency, and EWP is the perfect solution.

At its core, EWP is a properly structured PPLI policy in a jurisdiction that suits the client’s other planning needs. The other elements of the EWP structure will vary depending on the client’s nationality, country of origin, country(s) of domicile, insurance regulations, tax reporting obligations, and planning goals.

Under the segregated account legislation of the PPLI policy jurisdictions listed in our chart, the insurance company becomes the beneficial owner of the assets inside the policy.

The reporting obligations under FATCA and CRS also vary depending on the policy jurisdiction. The goal of EWP is to ensure full compliance with all tax regulations while maintaining maximum privacy for the client.

The old offshore world is in flux, and this creates new possibilities for planning that did not previously exist. With EWP and PPLI, the trust or other policy holder entity can be domiciled anywhere in the world, and the assets inside the policy can also be located anywhere in the world. This gives you and your clients unparalleled flexibility and control.

We believe that EWP and PPLI are the future of international structuring, and we welcome your inquiries, questions, and comments.

At EWP Financial, we’re committed to providing compliant solutions that meet the unique needs of your clients.

Contact us today to learn more.