Skip to content
Financial Brokerage Inc.
  • Contracting
  • Quotes
  • New Business
    • Case Status
    • iGO-e-app
    • Drop Ticket
    • Medicare Supplement New Business Submission
    • Forms
    • Secure File Sharing Service
    • Underwriting
      • Accelerated Underwriting Guide
      • Nailba Field Underwriting Guide
      • Underwriting Requirements
      • XRAE
  • Incentives
    • 2023 Incentive Trips
      • The Big Island
      • The Prairie Club
    • Carrier Trips
      • Columbus Life – Bermuda
      • Columbus Life – 2022 Palm Beach St Thomas
    • Account Summary
    • Shared Success
    • Cash In on Your Success
    • Standings – See Where You Rank
    • Agent Referral Bonus
  • Social Media
  • Services
    • Advanced Life Case-Design Specialist
    • Blog
    • Branding
    • Email Marketing & Newsletters
    • Website Hosting
  • Training
    •  Basic Training for Life Insurance Sales
  • Login
Presented by Gary Peterson When business liquidation is the only course of action at an owner’s death, life insurance can provide the funds that make the difference between a planned liquidation and a financially-disastrous forced liquidation. Consider the uses to which life insurance can be put in the planned liquidation of a business: Estate Settlement – Life insurance proceeds can be used to pay estate taxes and other estate settlement costs, allowing the liquidation to proceed on an orderly basis. Family Income – Using life insurance proceeds to provide the surviving family with a continuing income can avoid a forced liquidation of business assets for this purpose. Working Capital – If the executor needs additional cash to temporarily operate the business, life insurance can serve as the source of that cash. Offset Shrinkage – Even a planned liquidation will usually result in some shrinkage in value, as compared to what the business was worth as a going concern. Life insurance can be used to replace the value lost in the liquidation. For “pennies on the dollar,” life insurance provides the cash needed to avoid a forced liquidation will be available exactly when needed — at the business owner’s death.
Six Questions for Six Life Insurance Sales to Seniors – Part 1
State Estate Taxes

Recent Posts

  • MYTHBUSTED! Four reasons for life insurance in retirement
  • Life Insurance Allocation Tool – A Quiz For Your Clients
  • Life Insurance Quoting – Beyond The Price, What Else Is Included?
  • Life Insurance Quoting – Getting Started With A Basic Price Comparison
  • Permanent Life Insurance Decoded How to tell one product from another

Archives

Categories

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Financial Brokerage logo
  • 402-697-9998
  • 800-397-9999
  • 17110 Marcy Street, Suite 100
  • Omaha, NE 68118
  • About Us
  • Privacy Policy
  • Blog
  • Change Password
  • Facebook
  • LinkedIn
  • Twitter
  • YouTube
  • All rights reserved ©2022 Financial Brokerage, Inc.
  • For agent use only. Not for public distribution.
Theme by Colorlib Powered by WordPress