With the Chinese economy tanking, more and more wealthy families are trying to move large sums of money out of the country. As Mr. Bradsher notes in this article, “some methods are perfectly legal, like investing in real estate elsewhere, buying businesses overseas and paying off debts owed in dollars. Others, like Smurfing, are more… Read more »
Posts Tagged: life insurance
Morbid Thought, but Necessary Resolution
When a young person dies unexpectedly, his or her family could end up with the burden of paying off student loans. How can that be avoided? Questions: 1. According to the article, which loans are forgiven after a student’s death and which ones are not? What is a rough estimate of the total amount of… Read more »
The worth of an employee?
CEOs talk about what valuable assets employees are, but these assets do not show up on the company’s balance sheet. Why? Because the company does not and cannot own its employees, even though it may seem so at times. However, employers can put a value on your life through company-owned life insurance (COLI). Questions: 1…. Read more »