Split Dollar Critical Illness: Would You Play the Lottery if you were Guaranteed to Win?

I’ve had some interesting discussions over the years with Business Owners about insurance in general. I’ve often heard, ” it’s expensive”, “it rarely pays out”, “nothing is going to happen to me”, “I’ll self-insure instead” (I didn’t say they were all sound arguments). Whatever the argument, no one really wants to buy insurance unless they know they will get sick. … Read More

Why You May Want to Consider Split Dollar Critical Illness Insurance

Split Dollar CI

Split-Dollar Critical Illness Insurance or Shared Ownership refers to a concept where more than one party owns an interest in an insurance policy.  The most common of these arrangements is where the corporation is the owner and beneficiary of the death benefit and the shareholder, and an employee owns the cash value of the policy. What is Split Dollar Critical … Read More

Starting an Insured Retirement Plan to Ensure Your Retirement Goes as Planned?

Insured Retirement Plan

Maximizing High Net Worth to Fund Retirement Plans for Business Owners So why would you want to set up an Insured Retirement Plan as a business owner?  To dividend out your retained earning subjects you pay taxes at your personal marginal tax rate.  Depending upon how much you pay yourself (Salary, Bonuses, Dividends) in any given year can mean that … Read More

What are the 12 Benefits of Permanent Life Insurance for Business Owners?

Best Corporate Financial Planning Considers the Benefits of Business Insurance Most people hate life insurance.  There are even fewer people that want to buy life insurance.  The people that like it are the individuals that realize what life insurance can do for them and their business.  The only other people who want to buy life insurance are the one’s that … Read More