Business Planning Concepts

Buy-Sell
Key Man
Nonqualified Executive Compensation
Split Dollar Arrangement
Qualified Defined Contribution Plan
Qualified Defined Benefit Plans
Section 303 Stock Redemption Plan

Entity Buy-Sell

In an Entity Buy-Sell agreement business owners enter into an agreement for the event that if any owner dies, the company will purchase the share from the owner’s heirs.

Cross Purchase Buy-Sell

A Cross Purchase Buy-Sell can provide a solution for concerns regarding uncertainty about the continued success of a business when a business owner passes away. It is an agreement between the owners of a company.

Buy-Sell Trust

In a Buy-Sell Trust the trust administers the Buy-Sell and the life insurance to purchase the stock back is held inside the trust and administered by the trustee.

Life Cycle Buy-Sell

A Life Cycle Buy-Sell is an agreement that combines funding with a living buyout or retirement accumulations for a flexible and effective ownership transfer.

One-Way Buy-Sell

In a One-Way Buy-Sell agreement the sole owner of a business enters into an agreement with either a key employee or a family member to take over the business upon the unexpected death of the owner.

Single Proprietor Key Man

Single Proprietor Key Man Insurance indemnifies the owners family with a death benefit should the sole proprietor pass away and leave behind a business.

Employee Key Man

Employee Key Man Insurance indemnifies the business with a death benefit should the key employee pass away. A key employee can be anyone in the business, a top performer, a CEO, or back office personnel for example.

Golden Executive Bonus Arrangement (GEBA)

Reward key employees by incorporating a bonus vesting schedule to golden handcuff a prominent team member and encourage company loyalty.

Executive Bonus

Reward top performers in your company with an Executive Bonus. It is a tax-deductible method for providing supplemental benefits to key employees.

Golden Executive Match

An exclusive compensation strategy designed to match to the key employee’s contribution.

Business Owner

A business owner wants to have a more tax efficient way of driving money out of the business and into his pocket so a Nonqualified Executive Compensation plan is utilized.

Multi-Life

A Nonqualified Executive Compensation plan on multiple lives provides a greater incentive for key members in a business so they will stay with your company for the long haul.

A Split-Dollar Arrangement provides a way for a company to pay the premiums for employee’s life insurance. This strategy encourages employees to remain in the company and attracts new employees to the company.

A Qualified Defined Contribution Plan is a 401(k) designed for employees to contribute to a retirement fund which your company will match.

This plan is designed to guarantee a specified retirement income to employees.

Section 303 of the Internal Revenue Code permits a corporation to redeem all or a portion of a decedent's stock such that will not be taxed as a dividend. Redemption under Section 303 can provide cash for estate taxes and other expenses without the income tax consequences associated with the declaration of a dividend.

Financial Tools For Registered Agents

Service Videos

Client-Approved videos that simplify insurance.

Contracting Forms

Immediate access to Contracting Forms, at any time.

Applications

24/7 access to Applications from any of our carriers.

Underwriting

On-site case management for your cases during the underwriting process, to ensure that every case is being underwritten fairly.

Illustrations

WinFlex is a Financial Tool available ONLY to registered agents for use. With this software you can quickly provide your clients with an illustration for EIUL, GUL, UL, WL, Term, SUL, and more.

Register as a Fortress Brokerage Agent Here to Gain Access to the Financial Advisor Library.

Fortress Brokerage Solutions is a National Master General Agency marketing individual Insurance products to Regional BGAs, IMOs, and Insurance Agents. We professionally design, illustrate, case manage, and underwrite Life Insurance as well as Long Term Care, Disability Income, Annuity, and Accident products.

Address :
6190 Powers Ferry Road, Suite 505 Atlanta, GA 30339
EMail UsInfo@fortressbrokerage.com
Call Us(678)322-3040