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Categories
Utility
Monthly Archives: March 2014
Always Verify Your Bond!
Recent news has proven that fraudulent surety bonds have become a more frequent occurrence. It is becoming more important now than ever to verify the authenticity of the bond, a process that takes less than ten minutes and could prevent … Continue reading
Posted in Bonds, Compliance, Construction
Tagged Authenticity, Construction, Contract, Contractor, Federal, Reputation, surety, Surety Company, Verification
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Can a Business Combine the Benefits of a Cross-Purchase Plan with the Simplicity of a Redemption Plan?
The answer is…. YES, with an Insurance LLC. An LLC is established, and each of the owners of a business becomes a member of the LLC. The individual owners of a business enter into a cross-purchase buy-sell agreement that obligates … Continue reading
Posted in Benefits
Tagged Buy-Sell Agreement, Cross-Purchase Plan, Insurance, Redemption Plan, Retirement
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