Our Blog

Choosing the Right Insurance Mix

Posted by Mike Flynn on March 4, 2019

Should you purchase term insurance or is permanent insurance the better buy? If you already own a term policy, should you convert it to a permanent plan, such as whole life? Or is a flexible plan such as universal life the way to go?

Read More


Alternatives to Cash on the Balance Sheet

Posted by Mike Flynn on February 15, 2019

The need for cash in any successful business has always been strong. Cash may not be readily available today for financing sales or operational lines of credit. A lack of cash can add risk to your business because you can become more dependent on others...

Read More


Combining Buy Sell with Retirement Planning

Posted by Mike Flynn on January 20, 2019

A Limited Liability Company (LLC) is an entity that offers business owners the liability protection of a corporation and the flexible tax characteristics of a partnership. Planners are putting LLCs to ever-greater use to help their clients address a wide variety of needs, from asset protection to estate planning. One area in which LLCs have shown themselves to be particularly useful is buy-sell planning for business owners in a manner that not only addresses the potential death of an owner, but also addresses retirement as well, in a tax-efficient manner....

Read More


Key Person Life Insurance

Posted by Mike Flynn on December 7, 2018

The irrevocable life insurance trust (ILIT), when structured properly, is a staple of estate planning for high net worth families. An ILIT can provide a means to make leveraged transfers to heirs free of both estate and income tax. Ideally, the trust is drafted prior to application for and purchase of the life insurance policy that it will eventually hold as its primary asset...


Read More


Gifts to Minors

Posted by Mike Flynn on November 21, 2018

Helping a child with his or her education or support often requires gifts. Fortunately, there also may be income and estate tax savings to making gifts to minor children. Gifts can be made directly or indirectly to a child, or to a trust for his or her benefit...


Read More