Page 88 - Mumme Booklet
P. 88
DRAFT
--------------
THE GOAL: Key Man strategies for Irma: Develop an additional benefit program for Irma Ocha as well as a
Key Man protection program to protect the business against her unexpected loss.
THE GAP: No particular plan besides cash bonus in effect now. No plan in place to protect impact to
business.
THE GOODS: Develop plan that will help reward and motivate Irma while meeting your objectives of control,
tax treatment and affordability. Implement key man life and disability protection for the business.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
This plan is not complete without the Assumptions and Disclosures pages appearing at the end.
3170326-1-4 January 29, 2021 Page 88 of 108
