Eric Birkenstein, CLU, ChFC*
Principal, Life Insurance 1035 Exchanges
For successful businesses, executives, and entrepreneurs requiring expert assistance with insurance planning, Eric Birkenstein brings skilled experience. More than 30 years as a Life Insurance Advisor, he has helped high net worth individuals and businesses analyze their current life insurance and wealth transfer planning needs. Eric is Principal of 1035 Exchange Advisors, a life insurance consulting firm specializing in 1035 Exchanges for Life Insurance. Eric and the firm are not an agent for any one particular insurance company, rather 1035 Exchange Advisors represent their customers, acting as the professional buyer to the marketplace for life insurance products.
Eric is a recognized speaker and expert on 1035 exchanges as well as Group Disability Insurance in the Chicago area. He was the keynote speaker at The Financial Planning Association of IL and has also served as an expert witness for Life Insurance Litigation. He is the author of several trade articles dealing with life insurance and 1035 Exchanges.
Earning his degree in Finance at the University of Iowa, Eric entered the insurance industry in 1985. He earned his Chartered Life Underwriter (CLU)* and Chartered Financial Consultant (ChFC)* designations from the American College.
Long active in the community, he is Trustee of The Glencoe Police Pension Fund, past Assistant District Governor of Rotary District 6440, and Past-President of the Winnetka- Northfield Rotary. Eric also served on the Board of Directors of The North Shore Center for Performing Arts Foundation for eight years, the Board and as an officer of The Standard Club for six years and Jewish Council for Youth Services for 14 years.
Ask the receptionist to speak to Eric for a consultation. He will also be happy to send you a copy of his white paper on life insurance 1035 Exchanges.
Our Process is Different
Compare us to other firms. Most Insurance advisors provide broad categories of insurance and advice. We do not. We believe it is impossible for an advisor to be all things to all people. Sophisticated planning techniques require expert and specialized professionals. 1035 exchange life insurance falls into this planning category.
Why use us? Any insurance advisor can propose a 1035 exchange, but rarely deals with them on a day to day basis. We do.
If you needed brain surgery would you go to a general practitioner or a specialist? We not only understand life insurance, we are 1035 specialists. Our firm can help your family take advantage of hidden benefits as well as avoid those pitfalls that most insurance advisors are unaware of.
Here are some questions you should be asking when choosing the right insurance advisor to assist with the exchange-
Is Your Advisor
- A specialist in Life Insurance Planning?
- An independent broker, not representing anyone particular life insurance company?
- Familiar with the nuances of Long Term Care and Chronic Illness riders that can be included with the exchange?
- Someone with over 30 years of experience dealing with 1035 exchanges?
- Familiar with the rules dealing with existing loans and how different carriers treat them after an exchange?
- Someone who has performed exchanges with many different insurance carriers?
- A CLU and ChFC*?