Passing a family business from one generation to the next is rarely simple. It requires balancing liquidity, control, and fairness — three competing...
How Life Insurance Supports Multi-Generational Business Succession
read more...
Insights
Business Owners
There are a number of reasons for business owners to use life insurance to protect their businesses and families from financial uncertainty.
Advanced Life Insurance Design: Beyond Whole Life vs. IUL
For decades, the life insurance conversation has often been framed as a binary choice: whole life versus indexed universal life (IUL). Both have passionate...
Year-End Checklist for High-Income Earners Using Life Insurance
As the year winds down, high-income earners often turn their attention to last-minute tax planning and financial clean-up. While charitable contributions and...
Using Life Insurance to Protect Retained Earnings in a Closely Held Corporation
Closely held corporations often retain earnings rather than distribute them, aiming to reinvest in growth or strengthen the balance sheet. But while this...
Understanding the Restricted Property Trust: A Strategic Solution for High-Income Business Owners
For successful business owners with annual earned income exceeding $700,000, reducing income taxes while building long-term wealth is a constant challenge....
Buy-Sell Agreements: Why Life Insurance Is the Smartest Funding Option
When it comes to safeguarding the future of a privately held business, few tools are as critical - or as overlooked - as the buy-sell agreement. These legally...
Why CPAs are Rethinking Life Insurance for High-Income Clients
For years, many CPAs viewed life insurance primarily as a sales product - not a planning solution. That view was understandable. Too often, proposals lacked...
How Successful Business Owners Can Use Life Insurance to Reduce Taxes
If you're a successful business owner earning $700,000 or more in annual income, you’re likely aware of just how punishing the tax code can be. Despite maxing...
Buy Sell Agreements for Closely Held and Family Business Owners
Buy Sell Agreements for closely held and family business owners is a legal document that establishes a market for your business in the event of a “triggering”...