In the wake of the July 6, 2024 U.S. Supreme Court ruling on Connelly v. United States, closely held business owners with redemption buy-sell agreements may now face higher estate… Read more »
Non-Compete Contracts, Goodbye
It is estimated that 30 million workers, nearly one in five Americans, are subject to non-compete agreements, according to the Federal Trade Commission. Until recently, non-compete agreements have been a… Read more »
BOLI Yields in a Changing Rate Environment
2023 was an unprecedented year in banking with a sharp increase in interest rates being the lead story. Banks faced new dynamics in navigating the spreads between pricing loans and… Read more »
Safety and Soundness Review on BOLI
It is imperative that banks periodically conduct a thorough review of their Bank Owned Life Insurance (BOLI) holdings beyond the information typically provided in an Annual Review by an existing… Read more »
Whitepaper: Establishing the Right Compensation Package
Designing a compensation package for a company is a multi-faceted process. In this Whitepaper, we discuss the key components of an overall compensation package, determine the result of not providing… Read more »
Family-Owned and Closely-Held Retreat Reflections
Recently, David Fritz and Pat Marget were panelists at the Wisconsin Bankers and Illinois Bankers Association’s Family-Owned and Closely-Held Bank Strategic Retreat held in Madison, Wisconsin. The discussions with the… Read more »
VIDEO: Choosing an Insurance Carrier for BOLI
Choosing an Insurance Carrier for BOLI EBN’s approach in recommending BOLI is to make sure our clients understand the carrier and product they are investing in. When selecting the best insurance… Read more »
Why Own Bank Owned Life Insurance (BOLI)?
Each year, there is an increasing amount of Bank Owned Life Insurance (BOLI) purchased in the United States. BOLI is life insurance owned by the bank and issued on the… Read more »
Factors in Choosing the Top-Hat Group
Determining Who is in the Select Group In today’s market there is a strong focus to recruit, retain and reward your key executives. To accomplish this, companies are implementing Top-Hat… Read more »
The Why for Business Life Insurance
How Life Insurance and Business Succession Go Hand in Hand Life insurance plays a significant part in an individual’s future and financial plan. Personal life insurance planning protects a family… Read more »