Key-Employee Benefits: Check the Gaps in Group Coverage
David RileyFind gaps in group life and disability benefits. Review coverage caps, taxes and portability, and distinguish employee coverage from key-person insurance.
Phantom Equity, Bonuses and Deferred Pay: Compare the Promises
David RileyCompare incentive formulas, ownership expectations, vesting and payment timing. Test company cash needs before promising a value-based or deferred award.
Key-Person Coverage and Buy-Sell Funding Serve Different Purposes
David RileySeparate operating cash needs from ownership-purchase funding. Review policy ownership, beneficiaries, agreement terms and the Connelly valuation issue.
Executive Bonus Benefits: Who Owns the Policy and Who Pays the Tax?
David RileyReview employee-owned policy bonuses, payroll tax treatment, gross-up cost and ongoing funding. Compare the benefit with cash and deferred compensation.
