[WEBINAR] Using Life Insurance to Help Address Buy-Sell Complexity From North American

For businesses with three or more owners, traditional buy-sell planning can quickly become complex. Join Andrew Rinn for a closer look at Buy-Sell for LLC, a life insurance sales concept designed to help bring greater simplicity, tax efficiency and flexibility to buy-sell planning. He’ll walk through how the strategy works, where it may fit for business-owner clients, and how recent considerations following the Connelly decision can create opportunities to revisit existing buy-sell arrangements, in the need for death benefit protection. 

• How Buy-Sell for LLC can simplify life insurance ownership and administration with generally one policy per insured.
• How life insurance proceeds can provide liquidity to help surviving owners purchase a deceased owner’s business interest.
• How a properly structured arrangement may provide surviving owners with an increased income tax basis and future policy ownership opportunities.
• How to identify opportunities to review existing buy-sell plans and start broader conversations around business continuity, retirement and legacy planning.