Need to rapidly fix issue in Split Dollar Agreement? Look no further - DocHub has the solution! You can get the job done fast without downloading and installing any software. Whether you use it on your mobile phone or desktop browser, DocHub enables you to edit Split Dollar Agreement at any time, at any place. Our comprehensive solution comes with basic and advanced editing, annotating, and security features, suitable for individuals and small companies. We offer plenty of tutorials and instructions to make your first experience successful. Here's an example of one!
You don't have to bother about data safety when it comes to Split Dollar Agreement modifying. We offer such protection options to keep your sensitive information safe and secure as folder encryption, two-factor authentication, and Audit Trail, the latter of which monitors all your activities in your document.
Jim Marva is a very famous coach his deferred compensation package made national news back when they created it for him several years ago and Id say the first thing I would stress about this before I explain how it works is that this is not a product it is a strategy and a lot of Institutions use this it could be a university a private business a corporation and yeah it can even be a family so its not common practice though for a normal family and normal income levels to be using it because often the policies are too small to be able to create an attractive loan so for this setup with the Jim Harbaugh situation he was being paid a salary and in addition to his salary they offered him this type of deferred compensation through what is called a split dollar plan and they assisted this plan by using it to set it up with life insurance in a split dollar plan theres an employer and an employee and they have a written agreement that outlines how are they going to share the premium cost wh
