Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • November 8th, 2024
Contract Type FiledNovember 8th, 2024In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • June 13th, 2024
Contract Type FiledJune 13th, 2024In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • May 19th, 2024
Contract Type FiledMay 19th, 2024In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • August 31st, 2023
Contract Type FiledAugust 31st, 2023In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • April 12th, 2023
Contract Type FiledApril 12th, 2023In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • April 7th, 2023
Contract Type FiledApril 7th, 2023In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • June 26th, 2022
Contract Type FiledJune 26th, 2022In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.
Employer-Owned Life Insurance Contracts: When and How To Use ThemEmployer-Owned Life Insurance Contracts • June 16th, 2022
Contract Type FiledJune 16th, 2022In almost every shareholder, partnership or operating agreement, there are provisions for the interest of a deceased principal to be purchased by the entity, the other principals or some hybrid of both. Whether the arrangement is a cross-purchase, redemption or hybrid agreement, life insurance contracts are often used to fund the consideration due upon the death of a principal. To effectively use life insurance as a source of the consideration, the parties anticipate that the life insurance proceeds will be excluded from income tax.