When it comes to business insurance, options abound. Thinking ahead to optimize benefits and outcomes is crucial. Whether for buy/sell, key person, cash, or executive benefits planning, our experts share strategies you may not have thought of.
Digital assets such as online investing accounts, social media profiles and blogs, and photo-storing sites could be lost forever when you die, if you don’t plan ahead.
Businesses that take out life insurance policies on owners and employees may find the death benefit to be taxable, unless they meet certain requirements at the inception of the policy. Here’s what you need to know.