Business
What is the magic of split dollar? Join Stephanie Alper-Lisias and Robert Stuchner as they discuss what is the magic of split dollar. On today’s show, we talk with Robert about what role “sharing” plays when it comes to split dollar, the two types of split dollars, their similarities and differences, and should business owners terminate the split dollar arrangement. Learn more about split dollar and how you can discuss this with your clients today at www.SBKG.com.Show Notes:00:00 Who is Robert Stuchner and Stephanie Alper-Lisi00:31 What is the magic of split dollar? 01:17 What role does “sharing” play when it comes to split dollar?03:10 What are the two types of split dollar?04:28 Should the business owner terminate the split dollar arrangement?05:38 Is there a taxable event to the insured when you roll out of split dollar?06:18 How does this affect business owners who are trying to retain some of their key employees?06:48 How should they utilize synergy in order to be able to discuss this with their clients?