On June 6, 2024, the Supreme Court unanimously decided the case of Connelly v. United States, which concerned the valuation of a business with company-owned life insurance. In this case, two brothers ...

Most people think of life insurance as something you buy to protect your family, but in the corporate world, it serves an entirely different purpose. Corporate-owned life insurance, or COLI, is a ...

On June 6, 2024, the Supreme Court held 9-to-0 in Connelly v. United States that company-owned life insurance increases the company’s fair market value for estate tax purposes, and the company’s ...

We explain to you what life insurance dividends are, how they’re accrued, and how they’re paid out to help you decide if a ...