Estate Planning: Doing nothing is an option, but not necessarily the best option
As a leading Insurance Marketing Organization in Canada, PPI has deep expertise in insurance-based tax and estate planning for high net-worth clients and business owners. We’ll present a case study that demonstrates estate planning opportunities, including preparing a shareholders’ agreement and updating wills. When it comes to post mortem planning, a business owner can do nothing… or they can look at options such as pipeline planning, the 50% and 100% solutions, and the roll and redeem strategy. They can use life insurance to inject tax-free capital into their business, which can help mitigate issues such as funding taxes due upon death, equalization, charitable donations, and more. We’ll also look at common omissions related to the use of the capital dividend account when it comes to corporate-owned insurance.