Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Insurance
Patent
1997-07-21
1999-10-26
MacDonald, Allen R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Insurance
705 36, G06F 1530
Patent
active
059743905
ABSTRACT:
A system and method is described for creating a predictable flow of funds from an otherwise unpredictable source. An investment and receiving vehicle is established where participants pool their ownership of insurance policies so as to share in the proceeds from those policies.
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Philipot, Tom."Guarding your assets with a life insurance trust." Kiplinger's Personal Finance Magazine, vol. 48, No. 4,, p. 115, Apr. 1994.
"A Client's guide to irrevocable life insurance trusts." Perenich & Carroll, USA Law (www.usalaw.com/lifeins.html), 1999.
Crecca Michele Stuckey
MacDonald Allen R.
Schaffer Robert D.
The Mutual Life Insurance Company of New York
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