For business owners
Do you have a small, successful business that is causing you concern about the amount of taxes you will pay? Then it is worth a conversation. Jodi helps owners plan for taxes, partners, key people and the unexpected.
What Jodi looks at with owners
Some life insurance and executive benefit designs are built with tax advantages. For a successful owner they can be one piece of keeping more of what the business earns. Jodi walks you through whether any of them fit, and your CPA gets the full picture.
If you have a partner, what happens to the business if one of you dies or becomes disabled? Insurance can fund a buy-sell agreement so the surviving owner can buy out the family at a fair price, without draining the company.
Some people are hard to replace: a top producer, an operations lead, you. Key person coverage gives the business money to recruit, retrain and reassure lenders and clients if someone essential is suddenly gone.
Owners rarely have sick days built in. Disability income, critical illness and hospital coverage can keep money flowing to your household while you recover, so you are not running the business from a hospital bed.
Many business loans, including SBA loans, ask for life insurance assigned to the lender. Jodi can help you put the right coverage in place quickly so a closing is not held up.
Liability, property and the policies the business itself needs, reviewed alongside your personal plan so nothing overlaps, and nothing important is left uncovered.
I may be able to help you with some unique products my company offers so that you can enjoy your success without tax worries.
Jodi Morris
Alongside your CPA
The best plans happen when your CPA, your banker and your insurance agent are on the same page. Jodi brings clear numbers and plain explanations so your CPA can weigh in quickly and confidently.
Questions
Owners of small, successful businesses: professional practices, trades, family companies and partnerships. If the business is doing well and you are starting to worry about taxes, succession or what happens if you get sick, it is worth a conversation.
No. Jodi starts by looking at what you already have. Often the best outcome is simply knowing your current coverage does the job.
Yes, and Jodi encourages it. Tax-related strategies should always be reviewed by your CPA or tax professional before you decide. Many of her clients come to her through their CPA in the first place.
No. Jodi is a licensed insurance agent, not a tax advisor. She explains how insurance products are designed and helps you bring good questions to your CPA.
Start here
She will reach out personally to find a time that works. Twenty minutes is usually enough to know whether there is something worth doing.
Twenty minutes, your questions, no pressure. If the math already works for you, Jodi will tell you so.