Handling and executing paperwork can be tiresome, but it doesn’t have to be. Whether you need assistance day-to-day or only occasionally, DocHub is here to supply your document-based tasks with an extra productivity boost. Edit, comment, fill out, sign, and collaborate on your Split Dollar Agreement quickly and easily. You can modify text and pictures, build forms from scratch or pre-built web templates, and add eSignatures. Due to our high quality safety measures, all your information stays secure and encrypted.
DocHub offers a complete set of capabilities to streamline your paper processes. You can use our solution on multiple devices to access your work wherever and whenever. Streamline your editing experience and save hours of handiwork with DocHub. Try it for free today!
lets explore how split dollar with permanent life insurance can help you use business dollars for personal benefits were going to draw two balance sheets one for the business and one for you lets say that the business is in a 21 tax and you are in a 37 bracket of course actual details will vary but the key is whether the business is in a lower tax bracket than you you have a need for a personally owned permanent life insurance policy and that policy will provide death benefits cash value accumulation and living benefits the goal is to have the business pay the premiums on the policy in a tax-advantaged manner with the key being the use of the businesss 21 tax bracket this is done by having the business pay for the premium but treat that payment as a loan to the policy owner in exchange youll pay relatively low interest back to the business while the loan is outstanding and eventually pay the loan back using policy values through loans or withdrawals if available at a predetermined
