Calling in a neutral third party with experience of working with business families can provide key family members with a chance to talk about their individual views and aspirations. (hsbcprivatebank.com)
Family business succession planning is another aspect of this strategy and death benefit proceeds are often used to allow key family members to purchase a deceased family member's interest with the life insurance proceeds. (insuranceandestates.com)
Family business succession planning is another aspect of this strategy and death benefit proceeds are often used to allow key family members to purchase a deceased family member's interest with the life insurance proceeds. (insuranceandestates.com)