Non-Qualified Deferred Compensation (NQDC) is a versatile compensation arrangement that allows highly compensated employees and executives to defer a portion of their income to a
An entity purchase agreement, also known as a stock redemption agreement, is a type of buy-sell agreement that businesses commonly use to ensure a smooth transfer of ownership when
Restricted property trusts, also known as restricted property agreements or trusts, are estate planning tools used to transfer ownership of assets to beneficiaries while imposing
A land trust is a legal arrangement in which ownership of real property (land and any structures on it) is transferred to a trustee, who
Special Needs Trusts (SNTs) play a crucial role in safeguarding the financial future of individuals with disabilities while preserving their eligibility for essential government benefits.
In the dynamic landscape of business, certain individuals play pivotal roles that contribute significantly to a company’s success. Key person life insurance, often referred to
Employee Stock Ownership Plans (ESOPs) are gaining popularity as a powerful tool for businesses to foster employee ownership, incentivize productivity, and create a pathway to
Captive insurance is a risk management strategy in which a business creates its own insurance company, known as a captive insurer, to provide coverage for
Executive compensation packages are pivotal in attracting and retaining top-tier talent, and permanent life insurance, notably whole life insurance, has emerged as a key component
Charitable foundations are organizations established to support philanthropic causes and make a positive impact on society. These foundations are typically funded by donations from individuals,