Group term life insurance benefits: a forgotten planning tool
Article Abstract:
Group term life insurance could create unnecessary taxation if prudent steps are not taken to avoid loss of control and flexibility with minimum income and transfer taxes. The required steps to own a group term life insurance are discussed. Irrevocable life insurance trusts and insurance limited partnerships could prove to be valuable estate planning tools.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2004
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Planning for globalization of employee benefits: is there "harmony" or a "GAAP" in the future?
Article Abstract:
The five basic goals that should be applied to an employee benefits strategy are presented. These tests could harmonize the employee benefits, help to view global benefits on a fiscally responsible basis and provide current and future benefits in a prudent fashion.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2003
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FASB 123R, IRCODE 409A, SARBOX 404, IASB 19
Article Abstract:
The Financial Accounting Standards Board statement No.123, its revision of some laws, methods and their implementation for determining the compensation costs and various awards for employees have been explained.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2005
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