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Explore insightful articles, expert analysis, and timely updates on the latest trends and best practices in regards to retirement, social security planning, taxation, and risk management. Discover actionable steps and thought-provoking perspectives from The AFI Group's seasoned professionals and industry experts to help you maximize your family legacy.

Taxes in Retirement

How Life Insurance Can Help Business Owners

How Life Insurance Can Help Business Owners

November 08, 20172 min read

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners:

1. Coordinate buy-sell agreements

Buy-sell agreements are an official contract that outlines how to transfer business ownership should a founder leave due to disability, death, or retirement. And a variety of benefits for buy-sell agreements exist. One essential item is the fact that having one can create liquid assets for paying estate- or death taxes. In addition, owners can fund these agreements with life insurance premiums. Keep in mind that these payments are not tax deductible.2

2. Cushion company with key-person coverage

Could your business continue operating should one of the essential people in your company die prematurely? Key person insurance coverage helps protect your business from the untimely death of an owner, founder, or crucial employee. Should the company lose one of these individuals‐ the beneficiary‐ business receives the insurance payout. This benefit helps the company to keep operating while owners put next steps in place to overcome the loss.3

3. Protect personal lives

Business owners who buy personal life insurance ultimately protect their families. If your loved ones are unable to meet financial obligations without you, an unexpected death could leave your family in a lurch. Perhaps you took out a substantial personal loan to get your business up and running. Would your family be able to pay this back if you are no longer financially there to help? Or maybe the income you have from your business is the only money your family relies on. How would they make up that income without you? A personal life insurance policy can help protect your family when they may need help the most.4

Overall, if you are a business owner ‐ and you do not have life insurance for yourself or your company ‐ you could be setting yourself up for potential calamity. With some proactive steps, however, you can put in place the life-insurance strategies you need to keep your operations humming. If you would like to discuss coverage for your business, we’re more than happy to help.


By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.

Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.

Got Questions: Book a 20-min Discovery Call with Edward
  1. https://forbes.com

  2. http://investopedia.com
    http://www.investopedia.com

  3. http://www.investopedia.com

  4. http://www.investopedia.com


life insurancebusiness owners
Helping families break free from debt, rising tax rates, and market
volatility to maximize your income.

The AFI Group

Helping families break free from debt, rising tax rates, and market volatility to maximize your income.

Back to Blog

Social Security

How Life Insurance Can Help Business Owners

How Life Insurance Can Help Business Owners

November 08, 20172 min read

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners:

1. Coordinate buy-sell agreements

Buy-sell agreements are an official contract that outlines how to transfer business ownership should a founder leave due to disability, death, or retirement. And a variety of benefits for buy-sell agreements exist. One essential item is the fact that having one can create liquid assets for paying estate- or death taxes. In addition, owners can fund these agreements with life insurance premiums. Keep in mind that these payments are not tax deductible.2

2. Cushion company with key-person coverage

Could your business continue operating should one of the essential people in your company die prematurely? Key person insurance coverage helps protect your business from the untimely death of an owner, founder, or crucial employee. Should the company lose one of these individuals‐ the beneficiary‐ business receives the insurance payout. This benefit helps the company to keep operating while owners put next steps in place to overcome the loss.3

3. Protect personal lives

Business owners who buy personal life insurance ultimately protect their families. If your loved ones are unable to meet financial obligations without you, an unexpected death could leave your family in a lurch. Perhaps you took out a substantial personal loan to get your business up and running. Would your family be able to pay this back if you are no longer financially there to help? Or maybe the income you have from your business is the only money your family relies on. How would they make up that income without you? A personal life insurance policy can help protect your family when they may need help the most.4

Overall, if you are a business owner ‐ and you do not have life insurance for yourself or your company ‐ you could be setting yourself up for potential calamity. With some proactive steps, however, you can put in place the life-insurance strategies you need to keep your operations humming. If you would like to discuss coverage for your business, we’re more than happy to help.


By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.

Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.

Got Questions: Book a 20-min Discovery Call with Edward
  1. https://forbes.com

  2. http://investopedia.com
    http://www.investopedia.com

  3. http://www.investopedia.com

  4. http://www.investopedia.com


life insurancebusiness owners
Helping families break free from debt, rising tax rates, and market
volatility to maximize your income.

The AFI Group

Helping families break free from debt, rising tax rates, and market volatility to maximize your income.

Back to Blog

Estate Planning

How Life Insurance Can Help Business Owners

How Life Insurance Can Help Business Owners

November 08, 20172 min read

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners:

1. Coordinate buy-sell agreements

Buy-sell agreements are an official contract that outlines how to transfer business ownership should a founder leave due to disability, death, or retirement. And a variety of benefits for buy-sell agreements exist. One essential item is the fact that having one can create liquid assets for paying estate- or death taxes. In addition, owners can fund these agreements with life insurance premiums. Keep in mind that these payments are not tax deductible.2

2. Cushion company with key-person coverage

Could your business continue operating should one of the essential people in your company die prematurely? Key person insurance coverage helps protect your business from the untimely death of an owner, founder, or crucial employee. Should the company lose one of these individuals‐ the beneficiary‐ business receives the insurance payout. This benefit helps the company to keep operating while owners put next steps in place to overcome the loss.3

3. Protect personal lives

Business owners who buy personal life insurance ultimately protect their families. If your loved ones are unable to meet financial obligations without you, an unexpected death could leave your family in a lurch. Perhaps you took out a substantial personal loan to get your business up and running. Would your family be able to pay this back if you are no longer financially there to help? Or maybe the income you have from your business is the only money your family relies on. How would they make up that income without you? A personal life insurance policy can help protect your family when they may need help the most.4

Overall, if you are a business owner ‐ and you do not have life insurance for yourself or your company ‐ you could be setting yourself up for potential calamity. With some proactive steps, however, you can put in place the life-insurance strategies you need to keep your operations humming. If you would like to discuss coverage for your business, we’re more than happy to help.


By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.

Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.

Got Questions: Book a 20-min Discovery Call with Edward
  1. https://forbes.com

  2. http://investopedia.com
    http://www.investopedia.com

  3. http://www.investopedia.com

  4. http://www.investopedia.com


life insurancebusiness owners
Helping families break free from debt, rising tax rates, and market
volatility to maximize your income.

The AFI Group

Helping families break free from debt, rising tax rates, and market volatility to maximize your income.

Back to Blog

Investment Strategies

How Life Insurance Can Help Business Owners

How Life Insurance Can Help Business Owners

November 08, 20172 min read

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners:

1. Coordinate buy-sell agreements

Buy-sell agreements are an official contract that outlines how to transfer business ownership should a founder leave due to disability, death, or retirement. And a variety of benefits for buy-sell agreements exist. One essential item is the fact that having one can create liquid assets for paying estate- or death taxes. In addition, owners can fund these agreements with life insurance premiums. Keep in mind that these payments are not tax deductible.2

2. Cushion company with key-person coverage

Could your business continue operating should one of the essential people in your company die prematurely? Key person insurance coverage helps protect your business from the untimely death of an owner, founder, or crucial employee. Should the company lose one of these individuals‐ the beneficiary‐ business receives the insurance payout. This benefit helps the company to keep operating while owners put next steps in place to overcome the loss.3

3. Protect personal lives

Business owners who buy personal life insurance ultimately protect their families. If your loved ones are unable to meet financial obligations without you, an unexpected death could leave your family in a lurch. Perhaps you took out a substantial personal loan to get your business up and running. Would your family be able to pay this back if you are no longer financially there to help? Or maybe the income you have from your business is the only money your family relies on. How would they make up that income without you? A personal life insurance policy can help protect your family when they may need help the most.4

Overall, if you are a business owner ‐ and you do not have life insurance for yourself or your company ‐ you could be setting yourself up for potential calamity. With some proactive steps, however, you can put in place the life-insurance strategies you need to keep your operations humming. If you would like to discuss coverage for your business, we’re more than happy to help.


By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.

Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.

Got Questions: Book a 20-min Discovery Call with Edward
  1. https://forbes.com

  2. http://investopedia.com
    http://www.investopedia.com

  3. http://www.investopedia.com

  4. http://www.investopedia.com


life insurancebusiness owners
Helping families break free from debt, rising tax rates, and market
volatility to maximize your income.

The AFI Group

Helping families break free from debt, rising tax rates, and market volatility to maximize your income.

Back to Blog

Business Owners

How Life Insurance Can Help Business Owners

How Life Insurance Can Help Business Owners

November 08, 20172 min read

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners:

1. Coordinate buy-sell agreements

Buy-sell agreements are an official contract that outlines how to transfer business ownership should a founder leave due to disability, death, or retirement. And a variety of benefits for buy-sell agreements exist. One essential item is the fact that having one can create liquid assets for paying estate- or death taxes. In addition, owners can fund these agreements with life insurance premiums. Keep in mind that these payments are not tax deductible.2

2. Cushion company with key-person coverage

Could your business continue operating should one of the essential people in your company die prematurely? Key person insurance coverage helps protect your business from the untimely death of an owner, founder, or crucial employee. Should the company lose one of these individuals‐ the beneficiary‐ business receives the insurance payout. This benefit helps the company to keep operating while owners put next steps in place to overcome the loss.3

3. Protect personal lives

Business owners who buy personal life insurance ultimately protect their families. If your loved ones are unable to meet financial obligations without you, an unexpected death could leave your family in a lurch. Perhaps you took out a substantial personal loan to get your business up and running. Would your family be able to pay this back if you are no longer financially there to help? Or maybe the income you have from your business is the only money your family relies on. How would they make up that income without you? A personal life insurance policy can help protect your family when they may need help the most.4

Overall, if you are a business owner ‐ and you do not have life insurance for yourself or your company ‐ you could be setting yourself up for potential calamity. With some proactive steps, however, you can put in place the life-insurance strategies you need to keep your operations humming. If you would like to discuss coverage for your business, we’re more than happy to help.


By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.

Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.

Got Questions: Book a 20-min Discovery Call with Edward
  1. https://forbes.com

  2. http://investopedia.com
    http://www.investopedia.com

  3. http://www.investopedia.com

  4. http://www.investopedia.com


life insurancebusiness owners
Helping families break free from debt, rising tax rates, and market
volatility to maximize your income.

The AFI Group

Helping families break free from debt, rising tax rates, and market volatility to maximize your income.

Back to Blog

BLOGS & RESOURCES

How Life Insurance Can Help Business Owners

How Life Insurance Can Help Business Owners

November 08, 20172 min read

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take measures to protect themselves and their companies by purchasing life insurance.

Here are some essential ways that life insurance can help business owners:

1. Coordinate buy-sell agreements

Buy-sell agreements are an official contract that outlines how to transfer business ownership should a founder leave due to disability, death, or retirement. And a variety of benefits for buy-sell agreements exist. One essential item is the fact that having one can create liquid assets for paying estate- or death taxes. In addition, owners can fund these agreements with life insurance premiums. Keep in mind that these payments are not tax deductible.2

2. Cushion company with key-person coverage

Could your business continue operating should one of the essential people in your company die prematurely? Key person insurance coverage helps protect your business from the untimely death of an owner, founder, or crucial employee. Should the company lose one of these individuals‐ the beneficiary‐ business receives the insurance payout. This benefit helps the company to keep operating while owners put next steps in place to overcome the loss.3

3. Protect personal lives

Business owners who buy personal life insurance ultimately protect their families. If your loved ones are unable to meet financial obligations without you, an unexpected death could leave your family in a lurch. Perhaps you took out a substantial personal loan to get your business up and running. Would your family be able to pay this back if you are no longer financially there to help? Or maybe the income you have from your business is the only money your family relies on. How would they make up that income without you? A personal life insurance policy can help protect your family when they may need help the most.4

Overall, if you are a business owner ‐ and you do not have life insurance for yourself or your company ‐ you could be setting yourself up for potential calamity. With some proactive steps, however, you can put in place the life-insurance strategies you need to keep your operations humming. If you would like to discuss coverage for your business, we’re more than happy to help.


By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.

Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.

Got Questions: Book a 20-min Discovery Call with Edward
  1. https://forbes.com

  2. http://investopedia.com
    http://www.investopedia.com

  3. http://www.investopedia.com

  4. http://www.investopedia.com


life insurancebusiness owners
Helping families break free from debt, rising tax rates, and market
volatility to maximize your income.

The AFI Group

Helping families break free from debt, rising tax rates, and market volatility to maximize your income.

Back to Blog

CONTACT US:


[email protected]

Office: 714.543.5900

Hours: Monday - Friday | 8AM - 5PM

DISCLAIMER:


The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.


We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.


Life insurance & annuity services provided by Advanced Financial, Steve Sousa CLU, CA License#0476190

Brian Walker CA License #0H13310 | Jessica Markworth CA License #0E56830 | Jill Sousa CA License # 0L05626

Securities investment services provided by Inception Financial Services with advisory services offered through AlphaStar Capital Management.

CONTACT US:


[email protected]

Office: 714.543.5900

Hours: Monday - Friday | 8AM - 5PM

DISCLAIMER:


The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.


We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.


Life insurance & annuity services provided by Advanced Financial, Steve Sousa CLU, CA License#0476190

Brian Walker CA License #0H13310 | Jessica Markworth CA License #0E56830 | Jill Sousa CA License # 0L05626

Securities investment services provided by Inception Financial Services with advisory services offered through AlphaStar Capital Management.