Situation: President-elect Donald Trump and his allies have articulated ambitious plans for his administration’s first 100 days in office. Yet despite winning a Republican trifecta, lawmakers will face significant challenges to enacting its agenda.In the House, Republicans will have a small majority because three lawmakers are expected to resign, bringing the number of Republican seats […]
Situation: Nearly all buy-sell agreements that use life insurance as a funding vehicle do not have the business owner owning their own policy. In an entity purchase arrangement (where the business buys back/redeems a departing owner’s interest), the business is the owner and beneficiary. In a cross purchase arrangement (where the remaining owners purchase interest […]
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