How a Closely Held Insurance Company Can Help Protect Your Business Assets

A closely held insurance company (CIC) has become a popular choice for small to medium-sized business owners who want to build and protect their wealth and legacy even after their death. A CIC has the ability to both protect business assets and interests, and at the same time, postpone and reduce tax when transferring real properties and/or money to the next generation. It makes the transfer of…

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