A Restricted Bonus Plan is a combination of three planning tools: a Section 162 bonus plan, a restricted endorsement and an employment contract. The combination of these elements creates an attractive benefit for key employees while providing the employer with control.

A product-based bonus plan allows an employer to pay for an insurance product on an employee's life. The employee owns the policy, but the employer may restrict access to cash value through a special policy endorsement, commonly referred to as “golden handcuffs.”

If aging business owners want to retain a key non-owner employee, a substantial lump-sum bonus tied to life insurance can be the solution. The business owns a policy on the employee and pays premiums, then enters an endorsement split-dollar agreement with the employee.

When someone plans to leave a charitable legacy, the typical approach is to include a bequest in the will. Instead, try using life insurance. Have the charitable organization purchase life insurance on the life of the donor or name the charity as beneficiary of an existing policy.

A charitable lead trust (CLT) is a “split-interest” trust with both an income and remainder beneficiary. The trust makes distributions to a qualified charity for either a specific term or the life of an individual. Upon death, remaining assets are distributed to the donor’s beneficiaries.

Estate planning is an important part of tax diversification, and life insurance can be an effective resource for achieving it. This example illustrates the benefits of the strategy with projected values and client options for coverage.

Start the conversation to help protect your business owner clients against the loss of a key employee. The business purchases life insurance or disability insurance on a key person and pays all premiums. Upon death or disability, the benefit is paid directly to the business.

Yes, insurance solutions can work for fee-based advisors. Learn about an exciting fee-based indexed universal life product, exclusive to Ash Brokerage. With flexible premiums and a simple structure, this no-load IUL has one of the most transparent and low-cost solutions in the industry.

Turn a nonqualified annuity into a fund for long-term care expenses with up to 4x the benefit pool of the original cash value, tax-free! By using a 1035 exchange, clients can turn their current annuity into one that qualifies for the PPA advantages for LTC.

For clients with assets that are not generating key income, a great conversation starter is "What is your goal for this money?" If the discussion follows the path we commonly see, a few more questions could lead to a more suitable product solution. Follow this flowchart for more.

For the right client, a linked-benefit annuity policy can offer long-term care benefits without underwriting. With just three simple steps, you can help clients plan for LTC with the assets they already have.

When a minor child suffers injuries in an accident, the medical, financial and emotional concerns can be a huge burden. The uncertainties of rehabilitation and future earnings potential must be considered. These concerns can be addressed with a structured settlement plan.