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The DIY approach to small business insurance
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Trade Publication Article
The DIY approach to small business insurance
2013
Overview
The benefits of captives extend beyond moderating risks. Since 2003, section 831(b) of the Internal Revenue Code has permitted individuals to put up to $1.2 million per year into a captive insurance company, tax-free. [...]some wealth managers are touting the establishment of captive insurance companies as away forbusiness owners to improve their tax profiles and pass along inheritances to family members without paying an estate tax.
Publisher
Crain Communications, Incorporated
