Corporations often ask their advisors to review proposals for nonqualified deferred compensation (NQDC) plans funded with life insurance or proposals for life insurance programs for company executives. The smart advisor will help clients go over these proposals, navigate the current trends and construct product solutions that mitigate risks by anticipating them. Herewith, a guide to that process.
TO FUND OR NOT TO FUND?
When a corporation establishes an NQDC plan for its exe