Kenneth John Tooke II

Tooke and Associates is a client-centric firm specializing in estate planning and wealth management. Our approach emphasizes a deep understanding of our clients' needs and challenges. We focus on addressing critical issues such as estate equalization, tax-efficient strategies, debt reduction, income replacement, and buy-sell funding. Identifying the underlying reason for these is crucial.

We offer a powerful toolbox comprising life insurance, bank financing, and legal structures, providing incredible flexibility in planning. Our customizable, copyrighted process sets us apart, tailored to each client’s unique circumstances. We pride ourselves as problem solvers, distinct from bankers and attorneys, navigating political risks and exploring IRS options like charitable planning for wealth transfer control.

What Is Premium Financing?

Life insurance can be a powerful tool, especially when planning for the legacy you would like to leave behind. When you or your clients’ legacy and estate goals include paying crippling estate taxes, creating equity in inheritance amongst the next generation, or caring for loved ones.

Often clients do not have the cash on hand to pay the large premium to purchase the life insurance, or raising the cash needed would mean selling a valuable asset at an inopportune time.

Luckily, using cash on hand is not the only option. Depending on you or your clients’ financial situation, they may be able to finance the premium through a strategic loan from a banking institution.

This strategy can be exceptionally useful - when executed well. But it is complicated and requires experience and the right relationships. We have developed an unparalleled approach with the right relationships over the last 20 years. Our copywritten process is fully customizable, not off the shelf.