Three Ways To Benefit Corporate Clients Through Life Insurance
Speaker: Michael Evers, CFP, CLU, ChFC
The purpose of this presentation is to illustrate how some of your best clients may be able to take advantage of some little-understood benefits granted by CRA to Business Owners who happen to also own life insurance.
This is not an explanation of why they need to own life insurance, or how much they should have – but how it should be owned, how it should be structured, and the significant tax benefits that can occur when it is adjusted to take better advantage of the current regulations.
Some significant tax benefits which are now available to business owners are scheduled to be substantially eliminated at the end of 2016 – so it is very important that your corporate clients’ life insurance policies be reviewed with an eye to maximizing the effect of these three strategies, while they are still available.
Michael Evers, CFP, CLU, CH.F.C.
Mike is President of the Evers Financial Group Inc., founded in 1983 and Vice President and Co-Founder of The Canadian Estate Planners Inc., a niche firm specializing in Estate Planning for Canadians with US assets.
A past President of The Hamilton Estate Planners’ Council, Mike is a 30 Year Member of The Million Dollar Round Table. “The World’s Premier Association of Financial Professionals”
Mike has written many articles spoken on Financial and Estate Planning Issues to many groups in Canada, U.S.A., China, and on Television
Lives in Caledonia, Ontario, with wife Kathy. They have two adult sons.