Bifalgorithm post
For business owners, corporate-owned life insurance can sometimes be used as a long-term planning tool. It provides tax shelter growth inside the corporation. It can fund buy-sell agreements, key-person insurance, or estate equalization. On death, it can pass tax-free through the Capital Dividend Account or CDA. However, this isn't the same as Infinite Banking as it's pitched online. It's a corporate estate planning tool and should be analyzed alongside other investment options inside the corporation.
For business owners, corporate-owned life insurance can sometimes be used as a long-term planning tool. It provides tax shelter growth inside the corporation.…
Ideas in this flowchart
- Corporate-Owned Life Insurance
- Long-Term Planning Tool
- Tax Shelter Growth
- Buy-Sell Agreements
- Key-Person Insurance
- Estate Equalization
- Tax-Free Capital Dividend Account
- Not Infinite Banking
- Corporate Estate Planning Tool
- Analyze with Other Investments