Henry Montag

Henry Montag

Henry Montag CFP, Managing Director of The TOLI Center East in practice since 1976 with offices in L.I N.Y, has authored articles and acted as a source for NYSBA Senior Lawyer, NYSSCPA Tax Stringer, Tax Facts, Bloomberg’s Estates Gift & Trust
Journal, Trusts & Estate Magazine, Accounting Today, Long Island Business News, Financial Planning, & The Wall Street Journal.

He has appeared as a guest on Wall Street Week, Fox Business News & News 12. He’s provided CPE & CLE continuing education credits to NYSBA, ABA, AICPA, NYSSCPA, & the estate Planning Council. He co-authored an American Bar Association Flagship publication, Jan 2017, titled;

“The Advisors’ & Trustees’ Guide to Managing Risk”

The Jan 2019 issue of Commerce Clearing House, referred to him as;”One of today’s best brains in life Insurance.”

Life Insurance, although a very significant financial tool is most often misunderstood & ignored, resulting in an unnecessary loss of financial assets which can & should be prevented.

I integrate with your current team of professional advisors and become a valuable resource in dealing with basic & advanced strategies regarding evaluating and properly maintaining a client’s life Insurance portfolio.

Click Here to Read Henry’s Full Bio

About The Toli Center East

The TOLI Center East is a life insurance consulting and policy administration firm specializing in Trust-Owned Life Insurance (TOLI) policies.  Our clients are legal and tax advisors to policy owners, Irrevocable Life Insurance Trust (ILIT) trustees, grantors and beneficiaries, and Family Offices who lack life insurance product and policy evaluation expertise.  

Life insurance is a ‘buy-and-manage’ financial asset typically purchased for a 10 to 50-year duration period.  Life insurance carriers and their contracted sales agents provide the ‘buy’ function but the ‘manage’ function is missing unless the policy owner or trustee delegates this function to a qualified third-party provider.  The TOLI Center East platform provides the missing annual policy administration, performance monitoring and risk management services necessary to safeguard the interests of the policy owner.

There is a lapsing life insurance policy crisis due to inattention.  Life insurance, no different from fixed income and equity investments, requires attentive performance monitoring.  While policy management should be considered at the time of policy purchase, credible evaluation can be implemented at any time to avoid lapse and protect the policy’s death benefit liquidity purpose.     

The TOLI Center East specializes with TOLI.  Most unskilled amateur ILIT trustees serve as an accommodation to the grantor.  They are unaware of their fiduciary duties and lack both life insurance product expertise and credible policy evaluation capabilities.  Hence, The TOLI Center East is engaged by the trustee and can communicate with the grantor’s legal and tax advisors to assure the TOLI policy (ies) are managed to maximize the probability of a favorable outcome to the trust estate.