Designing Personal Benefits & Planning for Your Business’ Future

Tax Considerations

We offer a variety of financial strategies that either provide ways to minimize taxes or for tax-deferred growth on money being accumulated. These strategies include but are not limited to:

  • Maximization using a Deferred Annuity, Municipal Bonds, Qualified Plans/IRAs, or Other Assets
  • Gifting Analysis: Making Annual Gifts or Using a Spousal Access Trust
  • Using Life Insurance in Retirement Planning (LIRP)
  • Investing in Your Life
  • Key Person Planning
  • Executive Bonus & REBA Plans
  • Supplemental Executive Retirement Plan
  • Non-Qualified Deferred Compensation

The financial analysis and recommendations are not intended to replace the need for independent tax, accounting, or legal review. Individuals are advised to seek the counsel of such licensed professionals.

Planning for the Future of Your Business

Consider if you weren't around to run your business, what would happen to it and the income it provides your family? Here are a couple of examples of a variety of strategies we can help you with to protect the future of your business:

  • Buy-Sell Arrangement:  Many small, closely held businesses do not continue after the first generation, often due to a lack of succession planning. A properly funded buy-sell arrangement can be an excellent way to provide for the future of the business.
  • Key Person Insurance:  You may be concerned about protecting your business from the premature death of a key employee whose knowledge and contribution to your company are invaluable. The loss of such a key person may result in not only a loss in sales but also a potential loss of important contacts and goodwill. Your company’s credit position may also be compromised. The solution to this problem is to establish a key person insurance plan.

The Next Step
Learn more about the benefits Independence Financial Partners can offer by calling 866-691-4100 or click here to Contact Us

100+ Years of Experience
Established in 1909, Independence Financial Partners' history is a testament to our dedication to our clients. Today, our full service firm serves Southern New England from its main offices in Warwick, Rhode Island and Rocky Hill, Connecticut.

About Us
Independence Financial Partners has been helping individuals, families and businesses achieve their financial goals for over 100 years.

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935 Jefferson Blvd
Suite 2000
          Warwick, RI 02886

100 Corporate Place
Suite 210
          Rocky Hill, CT 06067