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Golden Parachutes

By Stewart Koesten What is a golden parachute? Golden parachutes are severance and other compensation agreements that protect key employees from the effects of a corporate takeover or change in control. Payments under golden parachutes are triggered by a change in...

Special Financial Planning Considerations for Executives

By Joni Lindquist What planning considerations should executives bear in mind? Historically, many corporate executives (rather than their employers) have been in a position to propose or demand attractive compensation packages. In addition to competitive salaries,...