Many older clients have assets they are likely not going to need in retirement, but they are not ready to gift them to their children.  We now have an option for that money to grow tax-deferred and accessible to them tax-free. This money will stay liquid while not increasing their market risk or fees.  Due to their age, we will look to insure one of their children, but keep full control in the parent’s hands.  Additionally, when the asset passes down to the next generation, it will continue to grow and be accessible tax-free.  Lastly, the death benefit will act like a step-up in basis for any remaining money left to the grandchildren.