Our services include:
- Employer sponsored long term care insurance
- Key Person Insurance
- Qualified retirement plan design
- Custom design non-qualified incentive plans to attract and retain key talent
- Business Succession & Buy-Sell Agreement Planning (A buy-sell agreement is like a prenuptial agreement for business owners. There is no one-size-fits-all approach; because details matter, various issues must be carefully considered.)
For example:
- What events should trigger a buy/out option?
- How will the value of the business be determined when a triggering event occurs?
- What will the terms of sale be?
- Should a triggering event create a right or an obligation?
- Where will the funds come from to complete the buy/sell?
- What is the best way to structure the sale to minimize the tax implications?
Why choose cash value life insurance to fund your planning strategies?
Cash value life insurance not only offers considerable flexibility as to its potential uses, but it is also an extremely tax-efficient asset. It offers the following combination of features not available with other types of assets:
- Tax-free death benefit payable to the policy's named beneficiary
- Tax-deferred treatment of any increase in cash value
- Tax-free distributions from the cash surrender value