https://completemarkets.com/Article/article-post/978/OWNERSHIP-ISSUES-AND-COMPENSATION/
...ten bonus plan that is based on individual and agency performance. The people ... if circumstances change or if the individual proves to be the type of ownersh...
https://completemarkets.com/Article/article-post/1535/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-6/
...nal advice with regard to their individual situations. CHECKLIST ON ESTATE...Have some been structured to be income tax free (insurance payments may be)? ...
https://completemarkets.com/Article/article-post/2147/TAX-IMPLICATIONS-OF-BUYING-AND-SELLING-AGENCIES/
... for the $627,000. Assuming an individual state tax rate of 4%, Joe now owes an additional...on, agency, perpetuation, strategic planning, and marketing and retention serv...
https://completemarkets.com/Article/article-post/174/From-Estate-Tax-Trap-To-Tax-Victory/
From Estate Tax Trap To Tax Victory
You hear it all the time: 'Tax law is too complicated.' Well, it is. My job is usually to explain complex tax law in understandable language and to ...e premiums. This second-opinion estate tax plan eliminated the Q-Tip tax trap. Better yet, it eliminated the entire estate tax liability by transferring it to the...
https://completemarkets.com/Article/article-post/2017/OWNERSHIP-OF-A-PRODUCERS-BOOK-A-BETTER-WAY/
...he cost is to improve the way it is taxed. If the agreement specifies actual '...oney set aside must be done with after-tax dollars. 'CONSTRUCTIVE RECEIPT,'...
https://completemarkets.com/Article/article-post/2225/AGENCY-PERPETUATION-PLANNING-CHECKUP/
...oung staff to consider? Can the individual(s) you've chosen to develop help your agency grow? Can the selected individual(s) create and manage a profit? How ...arding people, valuation, funding, and tax considerations, seriously consider ...
https://completemarkets.com/Article/article-post/946/IS-EMPLOYEE-OWNERSHIP-RIGHT-FOR-YOUR-AGENCY-PART-I/
...roviding incentives that reward individual employees for their support of the...n some measurable aspect(s) of the individual’s performance as a produc...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/652/A-Perpetuation-Planning-Primer/
... available. Who are the likely successors or third-party buyers? Do they show an interest in buying you out? Who are the future leaders for the agency? How will the ownership actually be transferred? Will it be sold back to the corporation or partnership, to individuals, or to an Employee Stock Ownership Plan? The timing desired for the ownership transfer. When will the ownership transfer(s ) begin? Over what time period will the payments be made? Will the transfer begin in advance of the shareholder's retirement? Are ... What financial resources does the next generation of owners have? Do you plan to use the agency's future cash flows to repurchase stock from departing shareholders? If so, have cash flow projections been prepared that validate the viability of this plan? The transfer mechanism and resulting tax consequences to buyers and sellers. As they say, The devil's in the details. Getting the price right is only half the battle. The structure of the deal must also support the objectives of the involved parties. Careful consideration must be given to the mechanics of ... Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back A Perpetuation Planning Primer 4/30/2013 12:00:00 AM by CompleteMarkets Editor , Tom Doran ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1529/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-INTRODUCTION/
... , and how to structure his business to accomplish his plans. I feel that an agent with any substantial assets should either be incorporated or join with someone who is. Important questions of structuring the corporation are whether to elect Subchapter S, whether to hold the stock individually or in a partnership, and whether the expirations should be held by the corporation, an underlying partnership, or the shareholders. These decisions should be taken with an eye to operating and ultimately selling the agency. Deciding these questions at the outset will make the ... been made to protect it. I have had the experience of trying to arrange for the rapid sale of a deceased agent's book, and it is not a happy situation to be in if no preparations have been made. In selling the agency, the 1993 Clinton tax law changes make good will and expirations deductible to the buyer, but extend the time for amortizing covenants, expirations and good will to 15 years. Tax rate changes have raised maximum federal ordinary income tax rates to $39.6%, while leaving the maximum capital ... Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Legal Outline For California Agencies - Introduction 4/30/2013 10:39:13 PM by CompleteMarkets Editor ...
https://completemarkets.com/Article/article-post/652/A-Perpetuation-Planning-Primer/
... corporation or partnership, to individuals, or to an Employee Stock Ownership...in addressing your own perpetuation planning would be to get a copy of the Bes...