Chances are, you're here to solve or take advantage of one of the following:
And while you've probably heard about "captive insurance," it's likely that you want to learn more about the exact benefits of a captive and, most importantly, how they relate to YOUR individual situation. But, because this is a new concept, it's difficult to know where to even begin.
To help you figure out if a captive insurance program is right for your business, I've written the "10 questions". The answers will help you place a captive insurance program in context for your current operations. Once you've answered these, I'd encourage you to move onto "captive insurance 101" which explains many of the ins and outs regarding captives. We have text and video for the following topics:
1.) Who Should Form a Captive?
2.) What Are the Non-Tax Benefits of a Captive?
3.) What Kinds Are There?
4.) What is the Process?
5.) What Services Will I Need to Form It?
Most of the information is taken from my book.
Finally, if you decide to form a captive - or simply want to talk about your situation with an expert in the field-- then you should move onto the third section, which is "services", which explains the four captive insurance services I offer clients:
1.) Captive Formation and Management
2.) Fixing Broken Captives
3.) Teaching captive insurance to financial service providers and their clients
For high net worth individuals, a captive insurance program is usually a piece of a larger legal puzzle, typically falling under the name "family office." To this end, you may also be interested in international tax, estate planning and asset protection in addition to forming and running a captive insurance program. Finally, I have a tax law blog where I write on various tax-related issue.
Finally, the pages that follow do not contain specific advice for any reader, but instead provide the "30,000 foot view." If you want additional information, please contact my law office at 832.330.4101.
End of the Year Captive Planning Webinar
We'll be giving a webinar on captives on Monday, 14th at 9AM CST. You can sign up at this link.
2-Minute Explanatory Video
My Book: The Leading Legal Text on Captive Insurance
_This is the first book on captive insurance which thoroughly examines the relevant issues associated with starting a captive insurance company. Part I begins with a description of the companies most likely to benefit from a captive program. This is followed by a detailed outline and explanation of the formation process and ends with an overview of the tax issues encountered by a property and casualty insurance company.
Part II presents the first in-depth historical analysis of the entire history of U.S. captive insurance case law. It begins with the reserve cases of the early 20th century and is followed by the flood plane cases of the 1950s, the I.R.S. victories of the 1980s, the taxpayer victories of the 1990s and the I.R.S.’ safe harbor Revenue Rulings of the early 2000s.
With over 950 footnotes and 50 sources, this is the most complete and thorough treatment of captive insurance on the market today.
You can purchase it for $19.95 at this link
Captive Insurance Video Presentation
For a video on the benefits of captive insurance, please go to this link.
Captive Insurance CLE
For those of you who would like to get CLE credit for learning about captives, please click on this link. It contains a recording of a CLE presentation recorded on May 23, 2012.
Need Something to Take With You?
Below is a 6-page PDF that highlights the basics of captive insurance. Feel free to take a copy.