Buy-Sell Agreements Funded with Life Insurance

Posted on Leave a commentPosted in Business Continuation, Key Person Insurance, Life Insurance

Introduction: A Buy-Sell / Business Continuation Sell agreement should be considered in every closely held business. This agreement defines the disposition of an owner’s interest in the business upon the specific triggering event such as a partner’s death, disability, retirement or other termination.  This is especially important when the owners want the business to stay […]

Achieving Financial Balance

Posted on 2 CommentsPosted in Business Continuation, Insurance, Key Person Insurance, Life Insurance, Long-Term Care

The Living Balance Sheet – innovative thinking and advanced web technology to help you achieve financial balance. Watch the video and call me toll-free nationwide at 800-503-1972. I’ll show you how a customized financial scorecardcan help you! Link to Living Balance Sheet Sources: The personal savings habits of Americans have reached a four year low. (Oct 2011; Federal […]

Dead Peasants Insurance and What This May Mean to You

Posted on Leave a commentPosted in Business Continuation, Insurance, Key Person Insurance

For many years, companies have purchased and owned life insurance policies on key personnel considered essential to the business.  In the event of a key person’s death the Company-Owned-Life-Insurance (COLI) policy would pay a tax free benefit to the business – to help fund the business through the transition, recruit a replacement, buy out the […]