Who's taking care of mom and dad?
Article Abstract:
Employers' aid to employees who give care or anticipate giving care to their elders is appreciated and can reward employers with increased productivity,according to Fortis Inc's internal survey. The aging of the U.S. population has led to greater interest in planning for and postponing the need for care. Elder care responsibility is becoming a workplace and insurance planning issue rather than a burden to be ignored. Results of the survey are presented.
Publication Name: Journal of the American Society of CLU & ChFC
Subject: Law
ISSN: 1052-2875
Year: 1997
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Comprehensive perpetuation planning
Article Abstract:
Efficient financial planning using insurance and other financial planning mechanisms may allow some stockholders or other small business interest holders to separate from their businesses while allowing business perpetuation. Reduction of the financial impact upon the interests of others can be increased by use of split-dollar insurance and employee stock ownership plans. Such succession plans can provide both tax benefits and business stability.
Publication Name: Journal of the American Society of CLU & ChFC
Subject: Law
ISSN: 1052-2875
Year: 1998
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Transfers of closely held businesses: ESOPs and succession planning
Article Abstract:
Employee stock ownership plans are valuable instruments for business succession and tax planning. Closely held businesses can retain family ownership and increase liquidity while increasing income, gift, and estate tax benefits. Statutory requirements must be met to qualify for beneficial tax treatment. Knowledge of structure and loan methods is necessary but not extremely difficult to attain.
Publication Name: Journal of the American Society of CLU & ChFC
Subject: Law
ISSN: 1052-2875
Year: 1998
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- Abstracts: New 'check-the-box' regulations enable foreign and domestic taxpayers to opt more simply to classify certain business entities as corporations or partnerships
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