Patents by Inventor Brian Joseph Hendrix

Brian Joseph Hendrix has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 8630879
    Abstract: A system and method and method for generating substantial net positive cash flows to fund organizations by initiating life insurance policies through asset-backed security transactions with no out-of-pocket expense to either the organizations or to the insureds, requiring no use of policies' cash value or transfer of ownership or beneficiary of the life insurance policies, and providing guaranteed funding to the organizations regardless of when deaths occur while keeping the original insurable interest intact, thereby creating a marketable, tradable uncorrelated security.
    Type: Grant
    Filed: March 26, 2012
    Date of Patent: January 14, 2014
    Assignee: LTI Agency, LLC
    Inventors: Brian Joseph Hendrix, Wesley Todd King
  • Patent number: 8145508
    Abstract: A system and method and method for generating substantial net positive cash flows to fund organizations by initiating life insurance policies through asset-backed security transactions with no out-of-pocket expense to either the organizations or to the insureds, requiring no use of policies' cash value or transfer of ownership or beneficiary of the life insurance policies, and providing guaranteed funding to the organizations regardless of when deaths occur while keeping the original insurable interest intact, thereby creating a marketable, tradable uncorrelated security.
    Type: Grant
    Filed: August 26, 2008
    Date of Patent: March 27, 2012
    Assignee: LTI Agency, LLC
    Inventors: Brian Joseph Hendrix, C. Mitch Branton, Wesley Todd King
  • Patent number: 7895103
    Abstract: A system and method and method for generating substantial net positive cash flows to fund organizations by initiating life insurance policies through asset-backed security transactions with no out-of-pocket expense to either the organizations or to the insureds, requiring no use of policies' cash value or transfer of ownership or beneficiary of the life insurance policies, and providing guaranteed funding to the organizations regardless of when deaths occur while keeping the original insurable interest intact, thereby creating a marketable, tradable uncorrelated security.
    Type: Grant
    Filed: August 12, 2008
    Date of Patent: February 22, 2011
    Assignee: LTI Agency, LLC
    Inventors: Brian Joseph Hendrix, C. Mitch Branton, Wesley Todd King
  • Publication number: 20080294566
    Abstract: A system for funding an organization with cash flows derived from the death benefits of life insurance policies initiated within a bankrupt remote, special purpose entity having the same insurable interest as the organization, by paying the premiums of said policies with proceeds from the issuance of an asset-backed security through the securitization of said death benefits, requiring no use of cash value, no transfer of ownership or beneficiary of said life insurance policies, and providing guaranteed cash flows to said organization while keeping the initial insurable interest intact.
    Type: Application
    Filed: May 25, 2007
    Publication date: November 27, 2008
    Inventors: Brian Joseph Hendrix, C. Mitch Branton, Wesley Todd King
  • Patent number: 7451104
    Abstract: A method for funding an organizing with cash flows derived from the death benefits of life insurance policies initiated within a bankrupt remote, special purpose entity having the same insurable interest as the organization, by paying the premiums of said policies with proceeds from the issuance of an asset-backed security through the securitization of said death benefits, requiring no use of cash value, no transfer of ownership or beneficiary of said life insurance policies, and providing guaranteed cash flows to said organization while keeping the initial insurable interest intact.
    Type: Grant
    Filed: June 27, 2007
    Date of Patent: November 11, 2008
    Assignee: LTI Agency, LLC
    Inventors: Brian Joseph Hendrix, C. Mitch Branton, Wesley Todd King