Method and apparatus for modeling and executing deferred award instrument plan
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United States of America Patent
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Jul 20, 2010
Grant Date -
Jul 13, 2006
app pub date -
Jun 24, 2003
filing date -
Oct 18, 2000
priority date (Note) -
In Force
status (Latency Note)
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Abstract
The present invention is directed to the administration of various deferred compensation LTIP and asset account programs that can effectively reduce an individual's income or estate tax by assisting a company in the identification of appropriate employees, and through the use of a novel modeling method and apparatus to implement a deferred compensation program through a novel asset account maintenance plan that permits the employees to benefit from their deferred compensation (such as stock options, Long Term Incentive Plans, deferred compensation or life insurance benefits—“THE UNIQUE SQLUTION®”), while having a minimal financial impact on the company.
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