Corporate Insurance
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Watch this short video to learn about a strategy business owners like you are using to minimize taxes and maximize their estates.
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Original source: criticaluncovered.ca “No risk, no reward,” is a cliché we’re all familiar with, but as a savvy business owner, you recognize the importance of balancing risks and opportunities to position your company for success. To protect profitability, you’re constantly strategizing about how to strengthen your business against risk – whether the threat is an…
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By Sheryl Smolkin – brighterlife.ca Does your T4 say you made more than you thought you did? Perhaps you didn’t consider your taxable benefits. Find out what is and isn’t taxable. When you get your T4 slip in January or February, you may wonder why the employment income reported in Box 14 is higher than…
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An option to consider – the Corporate Insured Retirement Program with Corporate Borrowing With this financial planning strategy, your corporation deposits funds into a permanent life insurance policy in excess of the amount required to cover the insurance and other policy costs. In the future, your corporation assigns the policy to the bank as collateral…
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Let’s talk about…the importance of naming a beneficiary for your life insurance policy In Canada, after you pass away, the proceeds of your estate can take one of two routes. Proceeds can pass seamlessly from you to your loved ones or they can enter the probate system. The probate system can take a lot of…
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