Applied Knowledge (Business & Life)

Our Applied Knowledge series covers a broad range of business planning and nonqualified deferred compensation topics. While designed primarily as reference material, these documents may also be used for sales and marketing purposes with both financial professionals and business owners and employers. If using with business owners or employers, make sure to use only the content applicable to their specific plan type.

Use the links below to review all Applied Knowledge on the following topics.

Business Succession

• Cross endorsement funding for cross purchase by-sell agreements (PDF) (BB12188)
• US Supreme Court decision hinders entity buy-sell arrangements (PDF) (BB12654)     
• Understanding the Business Continuation General Partnership (PDF) (BB12642)

Deferred Comp

• Payroll, Tax, and Accounting
• Informal Financing and Distribution Funding
• Interaction with Qualified Plans
• Regulatory Rules: Plan Design and Operation, Distribution Events
• Additional Tax and Planning Considerations
   

Disability

• Understanding salary continuation plans (PDF) (BB12594)
• Disability insurance for business owners—business profits differentiator (PDF) (BB12595)

Estate Planning

• Estate planning with Switch Dollar (PDF) (BB12684)
• Building ILIT flexibility with a SLAT (PDF) (BB12606)
• Transferring a life policy to an ILIT  (PDF) (BB12666)
• Considering ILIT Changes BB12115
• ILIT financing Strategies BB11629
• Premium finance guidelines using Principal life insurance products (PDF) (BB11522)

Life Insurance

• Life insurance planning 
  • Combining group term with guaranteed issue life insurance for key employees (PDF) (BB12653)
  • Life Insurance in a Qualified Plan Position Paper (BB10568)
  • Using life insurance as a bonding asset (PDF) (BB11891)
  • Understanding a chronic illness rider (PDF) (BB12623)
• Life insurance taxation
  • Transfer for Value and Reportable Policy Sale Regulations (PDF) (BB12407)
  • Transfer for Value and Reportable Policy Sale Regulations Q&A (BB12408) (PDF)
  • Transferring life insurance from a business to an owner (PDF) (BB12227)
  • 101(j) Taxation Update (BB10051)
  • Principal Term Rates (BB10532) - Used for measuring the economic value of endorsement split dollar, and of life insurance in a qualified plan

Key Employee Benefits

• Payroll, Tax, and Accounting
• Best Practices with Loan Split Dollar (PDF) (BB12593)

Additional Resources

• Advanced Marketing Sales Library - Additional information from Pentera Group, Inc. on advanced marketing topics.
• Business Solutions Approaches
• Business Protection
• Business Succession
• Key Employee Retention & Retirement
• Legacy & Estate Planning
• Sample Agreements
• Thought Capital & Research

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