Life insurance is often criticized, but misconceptions can be addressed. Transparent education and flexible options help build trust. The "one and done" policy revolutionizes charitable giving, magnifying impact and offering tax advantages. Donations can be multiplied, creating a lasting legacy—blended gifts secure sustainability. Life insurance redefines philanthropy, leaving a meaningful mark.

Proposed changes to the tax treatment of charitable donations may impact individuals subject to the AMT. Reductions in donation tax credits, the inclusion of capital gains in AMT calculations, and stricter deductible expense limits pose challenges for philanthropists. Mitigation strategies include early donations of appreciated securities, donor-advised funds, and one-payment life insurance policies. Balancing philanthropy and tax implications requires informed decision-making and exploring alternative approaches. Seek professional guidance to adapt strategies and continue philanthropic efforts amidst changing regulations.

Due diligence is a crucial step when selling your business. It thoroughly examines financials, contracts, operations, and legal aspects. Buyers assess risks, opportunities, and value. Proper preparation and transparency facilitate a smooth process and build trust.

Reducing founder relevancy when selling your company can unlock tremendous value. It attracts buyers, increases the ultimate purchase price, and minimizes clawback risks. Embracing a team-driven approach ensures a smooth transition, fostering long-term success and legacy beyond the founder's involvement."

Discover the potential of an unlimited TFSA through your business. A tax-free and flexible investment opportunity that grows and withdraws tax-free. Learn how it can help reduce your tax bill and maximize your passive income. Explore the benefits and find out more today!

After the tragic loss of their daughter, Maddie, to depression, Maddie's parents decided to turn their pain into purpose. Chris is launching the Hopeful Horizons Fund, providing essential resources and support for families facing mental health crises. Their mission is to prevent other families from experiencing the same heartache they endured, creating a lasting legacy of hope and healing.

Join the groundbreaking youth mental health initiative led by Chris Coulter and Melanie Rousseau. Inspired by Chris's personal journey and the loss of his daughter Maddie, this initiative aims to provide support, guidance, and advocacy for parents and children dealing with mental health challenges. Stay tuned for the launch on June 28th, Maddie's birthday, and be part of the movement to transform lives and break the stigma surrounding youth mental health. #YouthMentalHealthRevolution #BreakingTheStigma #MaddiesLegacy #June28Launch

Imagine sidestepping a gut-wrenching $1 million check to the government. Entrepreneurs selling their beloved businesses often grin at the thought of profits, but the smile fades when that colossal payment is demanded. Those who've stood in this dreaded spot admit they'd do anything to rewrite history with proactive planning. What's your pain threshold? Shield yourself from this agony – preplan your financial fate.

Explore the complexities of employee-led buyouts and their impact on employees and founders. Discover the essential traits for entrepreneurial success, financial considerations, the importance of a clear heir apparent, success rates, exploring other offers, and evaluating the business's readiness for transition. Make an informed decision for a smooth and successful employee-led buyout.

Embark on a humorous journey through the topsy-turvy world of selling your business. From the confusion of where to start to the rabbit hole of contradictory advice, the mystery of valuation, the dance of due diligence, and the thrilling negotiation tango, embrace the comedy and find humor in the chaos. Laugh your way through the unpredictable process and sell your business with grace and a sprinkle of optimism.