National Best

A risk management concern that rarely crosses the mind of most entrepreneurs or business owners is creditor protection. There are a number of legal ways companies or sole proprietors can protect their earnings from creditors. These strategies involve a combination of corporate structure, accounting procedure and the use of appropriate insurance products. Many people are unaware that the insurance industry also provides a means for investment inside of tax-deferred contracts. One of the key features of these contracts is that they are creditor protected if they are set up correctly. The various products that are used for this purpose depend upon the size of the business and the nature of the earnings that are being protected. Different strategies are used for sole proprietors versus small and medium-sized enterprises and still other strategies are used for larger corporate structures. Call our team for a complementary discovery meeting to see how we can creditor protect your business.