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Edited Legal Collections Data |
Book Title: Tax and Financial Planning for the Closely Held Family Business
Editor(s): Zwick, A. Gary; Jurinski, J. James
Publisher: Edward Elgar Publishing
Section: Chapter 12
Section Title: CREATIVE LIFE INSURANCE PLANNING FOR FAMILY BUSINESSES
Number of pages: 45
Abstract/Description:
This chapter explores the types and uses of life insurance in planning for closely held and family businesses. Even with the estate and gift tax exemptions getting large enough that many small business owners will not owe transfer tax, life insurance is an essential part of succession and retirement planning for family and closely held businesses and their owner operators.
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URL: http://www.austlii.edu.au/au/journals/ELECD/2019/1432.html