System for funding, analyzing and managing life insurance policies funded with annuities

Abstract

The invention relates to a program that administers a method of funding life insurance policies using annuities that are purchased at least in part using borrowed money, using business and trust structures to reduce and/or eliminate tax. This investing can be done either directly by the policy or through the trust and/or other business entity. As an internal investment of the insurance policy the income generated by the annuity and the inside build-up are non-income taxable to the owner of the policy. The resulting death benefits will also be non-income taxable to the beneficiary.

1 . A method of combining life insurance and annuities within a computer system, comprising:
 borrowing money;   purchasing an annuity and a life insurance policy using said borrowed money;   paying premiums for said life insurance policy using income from said annuities;   making payments on said borrowed money using income from said annuities; and   maintaining inside build-up within said life insurance policy using said computer system.   
   
   
       2 - 99 . (canceled)