What is a buy/sell agreement?

What is a buy-sell agreement? I am not an attorney and I am not an accountant. So I am not giving tax advice or legal advice here. Simply put a buy-sell agreement is a document inside your LLC, S-corp, C-corp. It’s a legal agreement that you have with a partner...

Do I need life insurance on my Key Employees?

Do I need life insurance on key employees? Yes! Yes, you want life insurance on your key employees. Do you remember the conversation about transferring the risk versus retaining it? The #1 Asset in your business is you! People are assets, things are not. Human life...

How do I know how much life insurance I need?

How do I know how much life insurance I need? Producers buy as much life insurance as they can get. That’s a pretty bold statement, is it? Producers Vs Consumers. Consumers consume more than they produce. Producers produce more than they consume. However,...