Since the distribution of shares to employees has significant corporate and tax ramifications, we will work closely with attorneys at The Wolf Law Group, P.C. to fully inform clients about important issues, such as the rights of minority shareholders, the dilutive effect of plans on corporate earnings, buy-back provisions upon termination of employment, valuation issues, securities law issues, and the tax and financial impact of the plans on the sponsoring employer and the key executives.
The Wolf Law Group, P.C. has significant expertise in the tax (income and estate) and income aspects of structuring life insurance programs for key executives, including split dollar life insurance and insurance bonus programs. The Wolf Law Group, P.C. plays an active role in assisting clients and their life underwriters in the following areas: selecting the most appropriate carrier, product, and financing method for the product; allocating premium payments between the employer and employee; implementing the most effective tax structure for the plan; minimizing income tax to the employer and estate tax to the executive, and ensuring ERISA compliance.