Manual file processing might be a reason behind your organization losing funds as well as your employees losing interest in their duties. The simplest way to increase all organization operations and enhance your statistics would be to manage everything with cutting-edge software like DocHub. Deal with all of your documents and Save Split Dollar Agreement in PPR in just few seconds and save more time for pertinent duties.
With DocHub, you possess unlimited access to your documents and Templates available to you at any moment. Check out all functions right now with the free DocHub account.
[Music] hello Im Jamie Hopkins and Im joined here with Steve Parrish thanks for joining my pleasure and I want to talk to you about a planning technique with life insurance we call split dollar life insurance and I know a lot of our students are familiar with this they use it the advisors out there it is not that you know an unheard-of thing but for some of our students they might not be that familiar with it if they didnt come from the insurance side or business planning side and and you just give us a little background what do we mean by split dollar life insurance well it comes from the the term split dollar meaning somebody has a need and somebody else has the ability to pay for words and thats where that term came from and really the healthy in days of split dollar before 2003 it was used a lot for retirement planning death benefit planning estate planning and what happened is the IRS said its being used a little too much and so they they said wait a minute and so some regul