In this presentation I discuss the best types of insurance for business owners. Our firm provides all of these services and more. Audio will soon be added.

1. Planning For Business Owners Presented by: Christopher P. Walmsley, CLTC PM Financial Group The Ohio National Life Insurance Company Ohio National Life Assurance Corporation Ohio National Equities, Inc. Member FINRA/SIPC

2. The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation issue a variety of life insurance and annuity products. Product availability varies by state.

7. Cost to Corporation Corporate Tax Bracket (%) Tax-deductible Corp. Dollar After-tax Cost 34% $1.00 $.66 15% $1.00 $.85

8. Tax-Deductibility is only one factor to be considered

9. Ideal Fringe Benefit From a Planning Standpoint Relieves an employee of a personal non-deductible expense

11. Personal Tax Bracket vs. Corporate Tax Bracket

23. Key Person Insurance

28. Executive Fringe Benefits

30. Supplemental Executive Retirement Plan (SERP) Golden Handcuffs

32. SERPs Help Complete the Retirement Picture

33. How it Works Policy Benefits Premiums Agreement Retirement and/or Disability $ Business Executive Death Benefits Beneficiary Step1 Step 2 Step 3 Step 4 Step 5 ONFS

35. SERPs and Taxes

37. Split-Dollar Insurance

41. Premium Split Employer Employee

42. Death Benefit Split Employee’s Beneficiary Employer Split-dollar is also used to share policy cash value between an employer and an employee

43. Choices! Economic Benefit Plan Loan Plan Policy Owner Employer Employee Employee’s Cost Annual term value of death benefit Annual imputed interest income Policy Cash Values Employer owns entire cash value Employee owns cash value exceeding employer’s premiums Employer’s Share of Death Benefit Greater of total premiums paid or policy cash value Total premiums paid Employee’s Share of Death Benefit Balance of death benefit Balance of death benefit Cost Recovery When plan ends When plan ends

47. Would you be interested in tax-advantaged retirement cash flow?

48. Would you be interested in a plan where values grow tax-deferred?

49. Would you be interested in a plan that allows you to exclude all of your employees?

50. Would you be interested in a plan with minimal government rules or regulations?

51. Your Plan Utilizing the advantages of permanent life insurance

53. Take Care of YOUR Retirement Needs!

56. Executive Bonus Plan  Under current tax law

58. Buy-Sell Planning

65. Adopt A Buy-Sell Agreement And Fund It

69. Cross-Purchase Plan 50 shares $250,000 A 50 shares $250,000 B Life Insurance Company B’s estate A 50 shares $250,000 Premiums Premiums Death proceeds $250,000

70. Stock Redemption B A 100 shares $200,000 C ABC Corp. 300 shares outstanding Valuation:$600,000 Life Insurance Company premiums death proceeds A’s stock is retired by corporation $200,000 death proceeds 100 shares $200,000 100 shares $200,000

71. Business Valuation Fair Market Value

72. Plan now for the successful future of your business

73. Disability Income Insurance

80. Qualified Plans

82. Defined Benefit Pension Plans Retirement benefit is based on salary & length of service.

86. Estate Planning for Business Owners

89. Estate Tax Exemption Amounts

90. Top Estate Tax Rates

91. The Estate Tax Bite in 2009 *Combined federal and state taxes. Assumes a state death tax with a $1 million exemption.

93. Distribution to Heirs Equally or Equitably

96. What do you have to lose? Except all your hard work and your business

97. Review: Planning Strategies

98. Review: Planning Services