Section 831(b) micro-captives can serve as excellent supplemental risk management tools, and can also provide significant tax advantages for many businesses. In addition, while offering fewer tax benefits, traditional domestic and offshore insurance captive strategies allow companies to have more control, while lowering costs as it relates to their overall insurance spend.
- How Section 831(b) micro-captives can be an excellent supplemental risk management tool, and can also provide significant income and estate tax savings
- How group captives can give you control over your insurance costs, and provide a significant dividend potential
- How both of these types of captives are structured, with sample models