How do I fund a Buy / Sell Agreement?
A Buy/Sell agreement should be a properly structured protection plan for the involved parties, but if unfunded, it's just a promise.
Coasting in Retirement is dedicated to the financial planning and investment management needs of pre-retirees and retirees living an active lifestyle along our part of the Gulf Coast. Host Josh Null and co-host Michelle Melton dive into relevant financial topics, plus have a little fun with the "Michelle with the News of the Week" and "Josh's Crystal Ball & Big Mouth" segments. Josh's practice Gulf Coast Financial Advisors serves clients in the Panhandle of Florida, Lower Alabama, and the Gulf Coast of Mississippi and Louisiana. You can hear the original broadcast of Coasting in Retirement every Sunday from Noon to 1 PM CT on 106.5 FM in Mobile, Alabama.
A Buy/Sell agreement should be a properly structured protection plan for the involved parties, but if unfunded, it's just a promise.
A properly structured Succession Plan insures that a business will survive after the owner retires, either through a generational transfer, key person transfer or outright sale.
Josh & Jay welcome Will Steih, Managing Director of Prime Capital Investment Advisor’s Tennessee office, to the studio to kick off our Business Owner & Strategies Solutions (B.O.S.S.) Series, a 5 part series specifically designed for the planning needs of successful business owners. Topics discussed: Succession Planning, Buy/Sell Funding, Defined Benefit Plans, Non-Qualified Deferred Comp & Employee Stock Ownership Purchase Plans (ESOP).
Josh & Jay welcome executives Tim Hakes, President of Prime Capital Investment Advisors, and CEO Glenn Spencer to dive into the “secrets” of the high-net worth investor. What do high net worth investors do that "average" investors don't? The answer may surprise you!
Josh & Jay discuss the pJosh & Jay discuss the pros & cons of the 4 ways to plan for the expenses of long term care: self-insure, traditional LTC insurance, asset based LTC programs and spend-down to Medicaid. ros & cons of the 4 ways to plan for the expenses of long term care: self-insure, traditional LTC insurance, asset based LTC programs and spend-down to Medicaid.
In this episode, Josh & Jay discuss their various personal and professional reasons for starting the podcast.