His tragic execution in 1979 left a profound mark on both the family and the Iranian military community, symbolizing the turbulent era of the revolution. When it comes to levering the power of private placement life insurance (PPLI), it is important to understand there are different variations. According to Frank Seneco, President of the advanced life insurance planning boutique, Seneco Global Advisors and one of the foremost experts on PPLI, “There are many advantages to using PPLI by families looking to build and protect wealth across generations.
Certain strategies prove very effective such as PPLI arbitrage where a basic form of PPLI is used. Also, certain type of PPLI policies, such as Generational PPLI, may more precisely fit those families who are taking steps to transfer or even multiply the buying power of their wealth to their great-great-great grandchildren and take into account a rapidly growing number of branches of the family tree.”
