If you ask any estate planning advisor to tell you the best time for estate planning, they would likely tell you it is when the amount exempted from estate/ gift tax (exemption amount) is high and asset values and interest rates are low. That is the situation we find ourselves in today.
Will a Business Owned Buy-Sell Life Insurance Policy Increase the Value of a Descendant’s Business Interest?
Situation: One of the chief concerns for owners of a closely held business is what will happen to the business if one of the owners can no longer continue. Surviving owners generally want to ensure a continuity of ownership and management without having the departing owner’s successor thrust upon them. Disabled or deceased owners want […]
A situation recently came across the desk of our advanced planning attorney that illustrates the distinct DBS advantage: we have the advanced resources that work for you and your clients! SITUATION A business owner wanted to set up a deferred compensation plan funded with life insurance for three people involved in the business but 2 […]
Diversified Brokerage Services Announces AppVantage, an Application Fulfillment Service to Simplify Life Insurance Sales for Advisors Minneapolis, MN – Diversified Brokerage Services (DBS) has launched AppVantage, a new life insurance application fulfillment service that gives financial professionals an easy, streamlined approach for their life insurance sales. AppVantage differentiates itself from other application fulfillment platforms in […]