Develop a strategy to preserve your business and your net worth.

Effective business continuation is both an "art" and a science. First and foremost, it is an art. Because a business strategy should always consider your unique financial goals and objectives, creativity and customization is required to select and tailor those strategies suited to meet your specific business continuation and benefit needs.


However, business continuation and benefit strategies is also a science. A business strategy should take into account the tax and legal ramifications of the various financial strategies adopted.*  A Financial Advisor or Financial Professional will incorporate both the art and science of business continuation in a program recommended to you.

Using business dollars for personal expenses

These valuable concepts can help:

  • Split-dollar life insurance
    Your corporation can help you pay for your own life insurance by "advancing" your money to pay the annual premium. This cost effective benefit can also be available for key employees.
  • Disability Insurance
    Your business can provide you with personal disability insurance - which continues a portion of your salary when you're unable to work - and the premiums (in most cases) are tax deductible.*
  • Section 303 stock redemption
    Your business may be able to help you pay estate taxes and settlement costs if your stock is worth more than 35 percent of your adjusted gross estate.* Under a Section 303 stock redemption, the business redeems some stock from your estate to produce cash to meet your estate's obligations.


How to use employee benefits to increase income and improve retention of key employees

These concepts can help you get the most out of your benefit dollars.

  • Disability salary continuation agreement
    A salary continuation agreement can help protect you, your key employees and your business from the financial consequences of a disability. If the agreement is funded with disability insurance policies, premium payments are considered tax deductible as a necessary business expense.*
  • Qualified pension and profit-sharing plans
    Employer-sponsored retirement programs help employees prepare for retirement and allows them to take advantage of special tax breaks. Any contributions employers make to the plan are tax deductible.*
  • Life Rewards
    Highly compensated employees are limited in the amounts they can contribute towards retirement in qualified plans. Nonqualified plans are available through Life Rewards and allow associates to enhance their retirement benefits.
  • Split-dollar Insurance
    Life insurance can be provided to select executives at a reduced cost through split-dollar insurance programs. 
  • Golden Executive Bonus Arrangement (GEBA) 
    GEBA and other executive bonus strategies provide life insurance to employees and give your company a current income tax deduction.*
  • Personal financial analysis
    This service helps employees manage their money more effectively and achieve their personal financial goals. 
  • Group Insurance
    Your business can provide a variety of programs, and the tax deductions generated by the premiums you pay make the cost of these benefits even lower.*  Medical, disability and life insurance are the three most sought-after programs.



*Financial Advisors do not provide specific tax, legal advice and this information should not be considered as such. You should always consult your tax/legal advisor regarding your own specific tax/legal situation.

Life insurance products contain fees, such as mortality and expense charges (which may increase over time), and may contain restrictions, such as surrender charges. Please keep in mind that the primary reason to purchase a life insurance product is the death benefit.