Ep 44. 831(b)/Captive Insurance Plans: Love & Scrutiny With Guest Van Carlson
Release Date: 10/22/2021
Ep 81. Driving Success: How Ken Johnson Is Paving the Way for the Future of the Logistics Industry
The Family Biz Show
Ep 81 – Driving Success: How Ken Johnson Is Paving the Way for the Future of the Logistics Industry On this episode of The Family Biz Show, we sat down with local logistics giant Ken Johnson, the CEO of Leonard’s Express. Ken delves into his personal life to explore his favorite family traditions and the unique ways they’ve created lasting memories. He also discusses the challenges of running a family business; from navigating conflicts and the importance of having “the right people in the right places” to scale a company. This episode is packed with great stories about how...
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Ep 80. Phoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business
The Family Biz Show
Ep 80 – Phoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business We’re going absolutely nuts over our latest guest, Stephanie Stuckey, as she joins us to share her story about taking back & growing the family business after a extremely successful career in law, the values that shape Stuckey’s and how important it is for family businesses to keep those values while at the same time, needing to evolve how they are presented to stay generationally relevant. There’s so much more packed within the hour, so don’t miss it! OUR GUEST Stephanie...
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Ep 79. Generations of Giving: The Power of Grandparents & Grandchildren in Family Business Philanthropy
The Family Biz Show
Ep 79: Generations of Giving: The Power of Grandparents & Grandchildren in Family Business Philanthropy Join us as we talk to returning guest Jay Hughes Jr. about the powerful way family businesses can build and maintain a strong sense of purpose and legacy across the generations by utilizing philanthropic activities, and create a shared vision for making positive impacts on society. Share this episode with other family business owners who are interested in the power of generational giving! OUR GUEST Jay Hughes Jr.* James E. “Jay” Hughes, Jr. is...
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Ep 78. Strategic Compensation Planning for Family Business Executives
The Family Biz Show
Ep 78. Strategic Compensation Planning for Family Business Executives Join us as we talk to Mark Bronfman* from Bold Value about his journey into how he ended up helping family businesses, the specifics of strategic compensation planning why that all matters to family businesses who continue to struggle with attracting and retaining top talent! OUR GUEST Mark Bronfman* I proudly serve as a private wealth advisor affiliated with Sagemark Consulting/Lincoln Financial Advisors in Vienna, VA and I founded the BOLD Value team in 2005. Our BOLD Value...
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Ep 77. The Popeye Plan For Business Owner Succession Planning
The Family Biz Show
Ep 77 - The Popeye Plan For Business Owner Succession Planning Join us as we dive deep into Popeye Plans with Gary Shepherd, CFP®,CBEC®,ChFC,CLU as we discuss the history of and what exactly Popeye Plans are, how they work and some tips on successful business transition. Don’t miss it! OUR GUEST Gary K. Shepherd CFP®,CBEC®,ChFC,CLU "I have run a fee based financial planning practice for the last 30 years dedicated to helping clients achieve their personal and business financial planning objectives. Shepherd Financial Group (SFG) works exclusively with a small group of...
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Ep 76. Total Family Management for the Family Business
The Family Biz Show
Ep 76 – Total Family Management for the Family Business Join us for a packed episode with Alex Kirby & Katie Jesionowski of Total Family Management as they discuss how to apply “total family management” to the ten domains for successful family business, the importance of investing in the development of communication and trust in the family and the truly emotional (over financial) nature of succession planning. OUR GUESTS Katie Jesionowski* Katie Jesionowski, Chief Marketing Officer spent the first 7 years of her professional career in...
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Ep 75. Culture and Leadership in the Family Business
The Family Biz Show
Ep 75 – Culture and Leadership in the Family Business Celebrate National Peanut Month with this episode from Hub’s Peanuts owner Marshall Rabil as he discusses the triggers unique to family businesses, the importance of actionable culture in his company and the story behind how Hub’s became one of Wegman’s “Danny Brands”. Don’t miss this one! OUR GUEST Marshall Rabil Marshall Rabil* is carrying on his grandparent's legacy as the Director of Sales and Marketing at in Sedley, Virginia. Named one of in 2019, Rabil has racked up quite an...
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Ep 74. How a Family Business Can Pivot To Survive
The Family Biz Show
Ep 74 – How a Family Business Can Pivot To Survive In this episode, 4th generation owner of Rochester favorite Giuseppe’s Marcy Chinappi joins us to talk about the history of their company, how the pandemic affected businesses around them, how they had to pivot multiple times to adapt and thrive and what his hopes are for the future of his family business. You might also find out which pizza place was the very first to ever serve pie in the Flower City...don’t miss this one! OUR GUEST Marciano (Marcy) Chinappi* Marciano Chinappi* is the 4th generation owner of...
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Ep 73. Evolution, Sacrifice & Grit in Family Business
The Family Biz Show
Ep 73. Evolution, Sacrifice & Grit in Family Business Join us for a Family Biz Show first as we talk to Alaska-based fishing & processing company owners Sena & Rich Wheeler of Sena Sea about the sacrifices that come with navigating a business when one of the owners is away for several months of the year (and the grit it takes!) the unique challenges that come with their business and how their time apart adds value and depth to the time they do spend as a family. If you love warm stories about the bonds of family and have an interest in sustainable fishing, you won’t want to miss this...
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Ep 72. The Deep Psychology of Family Business
The Family Biz Show
Ep 72 – The Deep Psychology of Family Business In this episode, Dr. Jim Kestenbaum joins us to talk about why consulting a psychologist for family business succession can be one of the best choices a business owner can make today, how using an in-depth leadership assessment process can identify the kind and degree of leadership development areas needed in your business and the reality that many family businesses struggle knowing which family members should do what, especially as talents from the current generation may differ for the next one. Don’t miss this episode! OUR...
info_outlineEp 44: 831(b)/Captive Insurance Plans: Love & Scrutiny
During this episode, we’ll discuss the 831(b) plans with expert Van Carlson* of Strategic Risk Alternatives, including:
- Why the IRS recently sent out a “soft warning” letter to 831(b) plans and
what it means for Captives. - Risk Management utilizing tax code 831(b).
- How an 831(b) can help businesses weather economic downturns.
- When a Captive Insurance Company is NOT right for your business.
This Weeks Guest
VAN CARLSON*
Founder & Chief Executive Officer of Strategic Risk Alternatives
Van Carlson* is the Founder & CEO at Strategic Risk Alternatives. SRA believes small and mid-size businesses are the lifeblood of the American economy. The 831(b) Plans we administrate are meant to ensure these businesses weather the storm.
We care deeply about the financial security of our clients and their businesses. Our talented and motivated team strives to provide creative, quality, well-designed plans to address the varying needs of the clients we serve.
Van has twenty five years of experience within the risk management industry. Van began his career with Farmers Insurance Group as an agent; eventually growing his book to be among the largest in his home state of Idaho. Van’s primary goal is to continue the upward growth of SRA and continue to develop new products to bring to market.
You can learn more about Strategic Risk Alternatives on their website 831b.com or visit them on Facebook, Instagram, Vimeo, YouTube and LinkedIn.
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*Not affiliated with Lincoln Financial Advisors Corp.
Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies.
Family Wealth and Legacy LLC is not an affiliate of Lincoln Financial Advisors Corp.