Archive for the ‘Golden Bullets’ Category
Things to Consider
Business owners must often choose the right ownership and payment structure for the business-related life insurance coverage. In selected cases, fairly sophisticated strategies—such as financed premium, pension-owned coverage or 412 (e)(3) plans—can fit a client’s needs.
However, most instances of business-related permanent life coverage involve choosing between three nonqualified life insurance plans:
- Bonus plan
- Split dollar plan
- Key employee insurance plan
What are these, and which one is the best choice? Read More
Sophisticated charitable giving techniques can allow donors to accomplish a number of philanthropic, family and tax objectives. The tools available include:
- Charitable remainder trusts
- Charitable gift annuities
- Testamentary gifts
- Family foundations
- Charitable lead trusts
For most individuals, social security retirement benefits can play a key role in figuring the right age for retirement, and maximizing income during later years. While social security will not usually be the only source of retirement income, the benefits can be substantial. Read More
With news headlines announcing multi-million dollar jury awards in lawsuits, it’s easy to understand why asset protection strategies might be needed.
Individuals may be interested in asset protection planning to protect against:
- unknown future creditors,
- current creditors,
- potential ex-spouses, and
- the IRS and other taxing authorities. Read More