SOURCE: Kilbourn Associates

November 07, 2005 07:00 ET

Family Wealth Preservation Specialist Mike Kilbourn Announces Launch of LIFECON™

NAPLES, FL -- (MARKET WIRE) -- November 7, 2005 -- A new financial planning strategy that will change the way older Americans look at life insurance was just revealed by estate tax expert and author of "Disinherit the IRS," E. Michael Kilbourn. LIFECON™ is a simple strategy that reduces or eliminates life insurance premiums while allowing members to retain the full death benefit, often with enhanced features. Using LIFECON™, Kilbourn will analyze the life insurance policy of any U.S. resident age 70 and older for the next 60 days under no obligation and for FREE.

The LIFECON™ strategy can be applied to a single life policy or a policy covering more than one life, such as a second-to-die policy where the death benefit is paid on the second death. The strategy utilizes a two-step process:

1) Initiate a "Life Settlement" where existing policies would be sold to
   institutional investors in a "blind" trust for more than the current
   cash value, and

2) Create a "Conversion" to a new policy, often with enhanced guarantees.

In some cases, LIFECON™ has made it possible for an insured to have the same death benefit with no need for further premiums. In the right circumstances, it could even provide the policy owner with a cash refund in addition to a paid-up policy.

LIFECON™ is flexible and allows any combination of existing policies, including one or more term policies that have no cash surrender value. It also gives policyholders the freedom to adjust the death benefit coverage to more or less than current coverage and, possibly, receive some cash from the transaction.

To learn more about the LIFECON™ strategy and Kilbourn's FREE life insurance policy assessment offer, send an e-mail to Mike Kilbourn is president of Kilbourn Associates (, located in Naples, Florida. To request a media kit or schedule an interview with Mike, contact Mollie Page at 239-455-6727.

Contact Information

    Mollie Page Griffin