Broker Check

Professional Specialties

Our clientele includes owners of growing businesses and financially responsible individuals. We offer the following professional specialties:

Retirement Plans/Asset Accumulation

Are you retired or thinking about retirement? We can provide access to full services for qualified retirement plans, including plan design and administration, help you to determine how to best receive your retirement benefits, as well as advise you on how to allocate those assets to help protect your financial well-being.

Owner (Executive)/Employee Benefits

Our custom-designed, qualified and non-qualified employee benefit programs include:

  • Executive Bonus Plans, fully tax-deductible to the employer and totally selective in participation
  • Deferred Compensation plans, providing corporate flexibility and control
  • Salary Continuation Plans, providing security for key executives
  • Sec. 79 Plans, providing a life insurance benefit for employees and owners on a tax-advantaged basis. This type of plan offers several advantages including income tax deduction for the business, high percentage of plan cost allocated to key employees, may provide supplementary retirement income, attracts and retains key employees and offers a limited funding commitment.

Asset Management Services1

For clients desiring a more structured investment plan, we offer Asset Management Services, a fee-based management program.

The strategic asset management program follows a thorough process:

  • Review of your financial objectives (“I want a certain level of income when I retire.”)
  • Review of your emotional objectives (“In the event of my death, I want to know that my family will be secure.”)
  • An asset allocation is designed and seasoned money managers with proven track records are then chosen for each asset class.
  • Periodic tactical rebalancing of your portfolio ("My risk tolerance has changed." Or "the market is fluctuating.")

Monitoring of your account helps identify new opportunities. Our asset management strategy seeks to improve performance at a given level of risk.

Captive Insurance2

For many years, large corporations have enjoyed the attractive risk management and tax planning benefits of operating their own captive insurance company. In recent years, smaller, closely held businesses have also learned that a captive insurance entity can provide them  with significant benefits as well.

We can help you navigate the process of determining if Captive Insurance Company can benefit your organization. If it does, we offer strategies to establish and manage the Captive.

Premium Financing

Although you may have created substantial wealth over your lifetime, you may not have the liquidity available to purchase the desired amount of life insurance to preserve your estate. Moreover, it may not be wise to sell assets to pay the life insurance premium due to the tax liability that would be incurred.

If you are interested in preserving working capital, improving cash flow, and maintaining liquidity, we can work with you to design a funding solution through a financing program for your insurance needs. Whether you need insurance for estate planning, retirement planning, special needs liquidity, or business planning, we can help connect you with a premium finance lending platform to provide you with customized financing through a fully collateralized credit facility.

LLC With Charitable Intent

The Charitable LLC (CLLC) is a proprietary comprehensive tax, estate and charitable giving plan which has evolved for nearly twenty years. The CLLC is a structure which creates the following benefits for you:

  • A current income tax deduction which avoids up to 50% of your total tax
  • Assets contributed grow without tax. 
  • Assets are exempt from gift and estate tax.
  • Assets are creditor and divorce protected.
  • Client and heirs maintain total control over the assets transferred to the CLLC.   
  • Client and heirs will make substantial charitable gifts to their preferred designated charities.
  • Appreciated assets contributed can be sold or liquidated without tax.

Insurance & Survivorship Services

Insurance is about risk. Risk is the exposure to the possibility of loss. Risk can be assumed, ignored or transferred to a risk bearer. We analyze your current situation and recommend appropriate products and strategies to help you plan in advance for the future well-being of your family and business.

Income Protection in the Event of Disability3

We are able to assist you in the design and implementation of appropriate personal and business disability insurance to help replace the flow of income during periods of sickness or following an accident.

Business Continuation

Working with your other professional advisors, we design, implement, and offer funding alternatives for business continuity and/or succession plans to protect in the event of premature death or disability. By providing business valuation services, tax-deferred funding vehicles for buy/sell agreements and business succession plans, we can help your business succeed both today and tomorrow.

Trust and Estate Planning Strategies4

Our firm has access to trust services. Trusts can potentially be used to avoid probate or reduce estate and income taxes. They can be used to transfer assets for the protection of your children, to avoid taxation of life insurance in your estate or to keep your assets intact while paying income to someone you designate.

1. Scott Levin is a Registered Representative and Investment Adviser Representative of Equity Services, Inc. Securities and investment advisory services are offered solely by Equity Services, Inc., Member FINRA/SIPC, 9515 Deerco Road, Suite 700, Timonium, MD 21093, (410) 527-1292. Worthington Financial Partners and all other companies are independent of Equity Services, Inc. unless otherwise noted.

2. This business strategy is offered and managed by an independent third party. No National Life Group company nor anyone acting on its behalf has evaluated the strategy or the suitability of using life insurance in connection with the strategy. No National Life Group company nor anyone acting on its behalf is authorized to make any representation regarding the suitability, effectiveness or legality of the strategy. Please consult with your own advisors regarding whether this strategy is appropriate for your situation.

3. Long-Term Care and Disability insurance are neither under-written nor issued by National Life Insurance Company, and are available only through representatives who are independently contracted with insurers who provide these types of coverages.

4. The use of trusts involves complex tax rules and regulations. Consider enlisting the counsel of an estate planning professional and your legal and tax advisors prior to implementing such sophisticated strategies. The cost and availability of life insurance will depend on factors such as age, health, and the type and amount of insurance purchased.