One of the most common ways that life insurance is being used for businesses these days is to fund a Buy-Sell Agreement. When there are multiple owners, a Buy-Sell Agreement is usually in place to provide for the transition of each person’s interest in the event of death of one of the owners. This is […]
Comments Off on Life Insurance Funds a Buy-Sell Agreement Continue Reading...Whether we admit it or not, we all make New Year’s resolutions. We may not call them resolutions, and we may keep them to ourselves, but I think we all start the year with a renewed commitment to things like healthier living, getting more exercise or spending more time with our families. Apparently many people […]
Comments Off on Life Insurance: Who Needs It? Continue Reading...Life insurance can help your business live on after the retirement or death of an owner or partner – here’s how… Every business needs a continuation plan that spells out how the business will survive after an owner’s retirement or death. For a sole proprietorship, the plan should name the successor who will run the […]
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