DYNASTY TRUSTSCAPTIVE INSURANCERETIREMENT & ESTATE PLANS
IRREV. LIFE INS. TRUST (ILIT)MEDICAID TRUSTSPRE-NUPTIAL PLANS
OFFSHORE ASSET PROTECTIONINTERNATIONAL LLCsPRIVATE PLACEMENT LIFE INSURANCE
INTELLECTUAL PROPERTYBUSINESS PLANNING
Business owners can use a variety of techniques for wealth building and retirement planning.
Some of these techniques are familiar, qualified benefit plans, such as 401(k) and 403(b) programs.
Less common are efficient defined-benefit and cash balance plans.
Premium-financed life insurance is usually overlooked, but it can be a great wealth-building and retirement tool for owners, executives and key employees (as well as provide a death benefit).
Small business owners and entrepreneurs may choose to do business using one or more separate entities.
Corporation (C-Corp) — Domestic & foreign
Subchapter-S-Corporation (S-corp)
Limited liability company (LLC) — domestic & foreign
Limited Partnership (LP)
Irrevocable trusts — domestic & foreign
Buy-Sell Insurance Trusts
Suitability for various wealth-building and retirement planning
Avoidance of personal liability (asset protection)
Tax-law compliance and tax minimization
Business management
Business buy-sell agreements between owners
Transfer of ownership interests to third parties
Generational transfers of ownership interests (estate planning)