F. Warren Jacoby, a member of Cozen O’Connor’s Litigation department, discusses the benefits of captive insurance including successful wealth transfers between personal and professional entities in Law 360.

Captive insurance companies – in-house insurers created specifically to cover risks of the parent company, provide enhanced insurance coverage, income tax benefits, and wealth transfer benefits. Fred explains captives can be an effective tool for small-business owners looking to transfer wealth to family members without having to face a hefty estate tax. "If it's done right, there's no reason you can't both have the benefits of a captive and those of an 831(b) transaction. It's something that can help provide future wealth accumulation."

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