If you co-own a business, here’s a question worth sitting with: What would happen to your company if one of the partners were to die tomorrow? Without a plan in place, the answer could involve legal ...

In today’s complex business landscape, advisors play a vital role in guiding business owners through critical transitions, and succession planning is paramount among business owners’ concerns. While ...

Closely held businesses routinely use life insurance to fund buy-sell obligations when an owner dies. The logic is simple: the company or surviving owners need liquidity to effect redemptions or ...

Who should consider life settlement as one alternative to managing life insurance capital? When is a settlement a wise decision? What factors should be considered before selling a life insurance ...

If you’re reading this, you’re probably asking yourself, “Can I sell my life insurance policy for cash?” Let’s dive into why you might want to do this, along with the pros and cons. When you purchase ...

Many people (and even some seasoned financial advisors) believe that you can simply gift your existing life insurance policy to your irrevocable life insurance trust (ILIT) without any implications.