Description
The self-study course is designed to cover business uses of life insurance for insurance professionals. Life insurance has traditionally been pigeon-holed into a personal role – one designed to set up families for the hard times that come after a loved one’s death. Very rarely is life insurance seen as a tool to help fulfill the goals of a small business owner and ensure the success of their business after their death. It covers the taxes that arise after the death of an estate owner and a business owner and teaches them how to reduce the amount they owe, which can help family members keep the family business running successfully in honor of the deceased.
This self-study course covers basic estate planning concepts and how they can be applied to small businesses, small business owners, and the employees that have come to love the business as their own. It covers different estate planning tools that can be used for small businesses, as well as succession tools that have been designed to help small business owners succeed, even posthumously.
Learning Objectives
I. Estate Planning Basics
II. Estate Planning Strategies
III. The Estate Planning Process
IV. The Basics of Life Insurance
V. Life Insurance Planning for Business Owners and Professionals
VI. Fundamentals of Insurance Planning
VII. Insurance in Financial Planning
VIII. Insurance Taxation
IX. Estate Plan Taxation
X. Taxation of Life Insurance
XI. Life Insurance in Succession Planning
XII. Business Uses for Insurance Policies
XIII. Insurance for Businesses
XIV. Estate Liquidity Insurance
XV. Trusts
XVI. Life Insurance in Estate Planning Case Studies