When was the last time you reviewed your Buy-Sell Agreement or Life Insurance policies? Your business is a living breathing entity. It is always changing, evolving and becoming something new every year. Buy-Sell Agreements, Executive Bonus Programs and Supplemental Retirement Plans do…
Can a Business Combine the Benefits of a Cross-Purchase Plan with the Simplicity of a Redemption Plan?
The answer is…. YES, with an Insurance LLC. An LLC is established, and each of the owners of a business becomes a member of the LLC. The individual owners of a business enter into a cross-purchase buy-sell agreement that obligates…