For many business owners who have seen their businesses flourish through years of hard work, one ongoing difficulty is how to unlock the wealth held captive in their corporation. One method of gaining access to some of those retained earnings in a tax-effective manner is through the sale of a personally owned life insurance policy to a non-arms-length corporation.
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Features of Fair Market Valuations of Life InsuranceFor many business owners who have seen their businesses flourish through years of hard work, one ongoing difficulty is how to unlock the wealth held captive in their corporation. One ... READ MORE… |
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