life insured
life insured
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1.
by Kyle J. Norton - 2008-09-25
As we mentioned in the previous article, we know that corporations generally are started by it's original shareholders who provide the start-up cash or assets in exchange for their shares. The corpor...
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2.
by Kyle J. Norton - 2008-09-25
Generally, financing of corporation is accomplished through a new share issue (equity financing) or the issue of various types of bonds or debentures.1. Bond financingBonds are contractual agreements...
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3.
by Kyle J. Norton - 2008-09-25
There are 2 types of corporations:1. Public corporation:A public corporation is a legal entity that has a distinct personality for tax and legal status. It generally is started by its original shareh...
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4.
by Kyle J. Norton - 2008-09-26
There are three main options or ways to fund the Buy-Sell Agreement. I'm sure you won't be surprised to find that most Buy-Sell Agreements are paid out using life insurance. In fact, the first two fu...
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5.
by Kyle J. Norton - 2008-09-26
Buy-sell agreement is a legal contract drawn by the lawyer that indicates in detail of the parties to the agreement, an evaluation method of the business and method of payment for the following occur...
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6.
by Kyle J. Norton - 2008-09-26
There are several variations of the description of F.M.V. (fair market value) is defined.Fair market values are the highest price that a willing payer will pay in open market to a willing buyer, both...
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7.
by Kyle J. Norton - 2008-09-27
A disability can occur when we least expect it and, as you've already indicated, the consequences can be devastating. In most cases, the disabled person's income will be needed to help the family sur...
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8.
by Kyle J. Norton - 2008-09-27
As we mentioned in previous articles, it is important that people own a business understand what is business insurance, so they can protect their business in case of any unforeseen event happened cau...
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9.
by Kyle J. Norton - 2008-09-27
Financial statements of the company provide only a part of the financial picture. From these statements a series of financial ratios can be developed which, when reviewed several years in succession ...
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10.
by Kyle J. Norton - 2008-09-27
Beside understand what is business insurance and business life insurance are important that people own a business understand , so they can protect their business in case of any unforeseen event happe...