Getting comprehensive control of your files at any time is important to relieve your day-to-day tasks and boost your efficiency. Achieve any objective with DocHub tools for papers management and convenient PDF file editing. Gain access, change and save and integrate your workflows along with other safe cloud storage services.
DocHub provides you with lossless editing, the opportunity to use any formatting, and safely eSign papers without searching for a third-party eSignature software. Make the most of your document management solutions in one place. Check out all DocHub features right now with your free of charge account.
What is Split-Dollar insurance? Split-Dollar is a type of ownership of a life insurance policy. Often this approach can provide meaningful future income benefits to the executive, in addition to life insurance death benefit. There are three pieces to all permanent types of life insurance; the premium paid, the cash surrender value that accumulates, and the death benefit that will ultimately be paid. Under a Split-Dollar arrangement, each of these components will be split between the company and the executive. The executive will own the policy which provides creditor protection versus other types of nonqualified corporate benefits. The premium will primarily be paid by the company with the executive taxed or charged a loan interest on a payment. The cash surrender value will generally be assigned to the company but only up to the sum of premiums that the companys paid. Interest on the total cash value can be used to provide retirement income to the execut
