Case Study # 3: Two partners age 52 & 50 Years old client have a IT consulting business currently valued at $ 10.0 Million. They to work for the next 10-12 years.  They want to have the capital available to buy each others interest upon premature. The long term goal is to supplement their retirement with tax favored income. We set up a premium finance scenario and paid the bank back his entire cost of the loan in year 13. Also, the plan will provide tax favored retirement income starting in years 20 - 45. This benefit given to his family is passed on income tax - free.