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Posts Tagged ‘ownership’

Decline in ownership of life insurance

Decline in ownership of life insurance
This week an insurance research firm reported that ownership in life insurance has reached a 50-year low, with nearly a third of U.S. households not having a form of this financial protection. As the benefits industry begins Life Insurance Awareness Month in September, Unum (NYSE: UNM) shares the concern that [...]

Khoo Chuan Keat: Take ownership of your own retirement plan

Take ownership your own retirement plan
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Can a paralegal or other lay person have an ownership interest in a law practice or at least the LLC or INC?

I am the senior paralegal and office administrator at a small law practice and have been for 15 years. The owner (sole proprietor) is planning to retire in a few years and I would like to present him with a business plan that would entail him continuing to receive revenue from the practice after [...]