My Comments: I recently published an eBook with the title CAPTIVE WEALTH!
It explains how to use an 831(b) Captive Insurance Company to create, to grow, and to preserve wealth.
While not a simple idea, it does have the blessing of the IRS if you do it the right way, under the right circumstances. That alone makes it valuable and something to know about.
From the perspective of a successful small business owner, it allows him or her to turn a current expense item into an asset at a later date. Think about it; money spent now comes back later as an asset, which can be used many different ways. This article outlines some of the caveats you should be aware of.