NVEPC Virtual Membership Meeting: With Taxes Rising, Is It Time to Re-Consider Life Insurance?
Join us on Tuesday, October 26, 2021, for our virtual membership meeting, "With Taxes Rising, Is It Time to Re-Consider Life Insurance?"
NVEPC members are encouraged to invite guests, who are potential members who qualify via our membership disciplines, to join the webinar at no cost. Guests may attend up to two virtual membership events per year. Just add them as an additional attendee when you go online to register yourself!
After the presentation, stay on the Zoom link and join us for some networking time.
In lieu of meeting in person for this event, we are sending all pre-registered members an electronic $25 UberEats gift card for you to enjoy lunch during our event! To receive the gift card, you must register by Wednesday, October 20, 2021.
Connection details will be emailed to registrants one day prior to the event.
About the Presentation:
In this presentation, Winged Keel Group Principal Jeri Turley and Managing Director Vernon Holleman, III will discuss the myriad factors converging in the current economic and legislative environment that present new planning opportunities for families. First are the recent changes to the tax code that enhance the economics of Private Placement Life Insurance. They also will cover the tremendous demand for leveraging gifts with guaranteed life insurance, especially with a variable component that offers potential upside on top of attractive guaranteed IRRs. Finally, they will explain how the low interest rate environment presents opportunities for policy restructuring and opportunities for additional planning (GRATs, AFR loans, Split Dollar, sales, etc.) where life insurance can play an advantageous role.
This presentation has been approved for 1.0 CFP credit.
About the Speakers:
Vernon W. Holleman, III, Managing Director, Winged Keel Group
Vernon is Managing Director of Winged Keel Group’s Washington, D.C. office. As a Client Relationship Manager with deep roots in the life insurance profession, he works closely with ultra-affluent families and their advisors on wealth transfer planning. He additionally spearheads the ongoing development of Winged Keel’s presence in the greater Washington, D.C. area in collaboration with the firm’s Principals.
Prior to joining Winged Keel Group in 2019, Vernon oversaw the Washington, D.C., division of BCG Companies, known as BCG Holleman. Vernon joined his father’s life insurance firm, The Holleman Companies—which ultimately merged with BCG Companies—in 1994 and became President in 2001.
Vernon has been published in industry and trade publications, such as Bloomberg Tax and Trusts & Estates, and frequently speaks on the topic of succession planning. He serves as Co-Chair of the membership committee for the Washington, D.C., Estate Planning Council and is a member of the Association for Advanced Life Underwriting (AALU). He previously served as President of the District of Columbia Association of Insurance and Financial Advisors from 2003 to 2004.
He also is dedicated to his community as a second-generation Washingtonian and is a current Trustee of the Federal City Council and member of The Economic Club of Washington, D.C. He has held several prior board positions for local organizations such as the Washington D.C. Police Foundation.
Vernon is a graduate of St. Albans School in Washington, D.C. He earned a B.A. in Political Science and Public Policy from the University of Denver in 1993 and his Chartered Life Underwriter® designation in 2011 from The American College. Vernon resides in Washington, D.C., where he enjoys spending time with his wife, children, and step-children. He also relishes being in nature, fishing, skiing, traveling, reading, '80s movies, and can’t seem to shake his interest in politics and the local professional football team.
Jeri L. Turley, Principal, Winged Keel Group
Jeri is a Principal of Winged Keel Group, leading the firm’s Richmond, Virginia, and Washington, D.C., offices. Working closely with ultra-affluent families, their businesses, and their advisors throughout the wealth accumulation and transfer process, she specializes in structuring, implementing, and administering customized insurance solutions that enhance wealth accumulation strategies, promote philanthropic giving, and maximize the value passed to future generations.
Advocating for social progress, innovation, and informed decision-making in successful succession planning, Jeri has written articles for the Association for Advanced Life Underwriting’s (AALU) The Quarterly magazine, Your Terms (a publication focused on coaching, strategy, succession, and philanthropy), LinkedIn’s Pulse, and Private Wealth magazine. She also has been a featured speaker at industry conferences and forums nationwide and was a guest speaker on Executive Leaders Radio in 2013, addressing the importance of mentorship in leadership roles.
Prior to joining Winged Keel Group in 2019, Jeri served as President and Principal of BCG Companies in Richmond, VA, and BCG Holleman in Chevy Chase, MD. She joined BCG Companies in 1994, and during her tenure developed a strong understanding of the needs of ultra-affluent families and their businesses. She also coordinated and supervised the case design, underwriting, and servicing efforts of BCG’s professional staff in both the Richmond and Chevy Chase offices.
Jeri currently serves as Chair of the Board of Directors for Finseca (formerly AALU), where she has been a member of the Board of Directors since 2014. She also has served on the Board of Directors of M Financial Holdings, Inc. since 2017 and is a member of the Estate Planning Council of Richmond.
Jeri earned a BBA in International Business and Economics from James Madison University, where she joined—and today remains an active supporter of—the Alpha Phi International Fraternity, a fraternity of women supporting one another in lifelong achievement.
Splitting time between Winged Keel’s Richmond and Washington, D.C., offices, Jeri resides in Richmond with her husband and stays busy keeping up with their three sons in her free time. She also enjoys mountain biking with her husband and their friends, finding time to read and write, and following her alma mater.
