How are a charity and the sale of your business even related? One represents the ultimate capitalist success story, and the other is an organization set up to provide help and raise money for those in need. Here’s the link. For many business owners selling your business represents the most significant tax event in your lifetime. Charity represents an excellent … Read More
How Do You Know if You are CRA’s Favourite Target?
No one wants to be in CRA’s cross-hairs. You may be an unsuspecting victim even if you’ve done nothing wrong. We’re not talking about people who are guilty of tax evasion or tax avoidance. Your only criteria may be your marital status. If you are single, divorced or widowed, then you may be CRA’s favourite and unsuspecting victim. If you … Read More
6 Reasons Why Wealthy Individuals Need Life Insurance?
If you have ever thought that life insurance was something you wouldn’t need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals need life insurance and still carry large amounts of life insurance. Consider the following: A life insurance advisor in California recently placed a $201 million life insurance policy … Read More
What are the 12 Benefits of Permanent Life Insurance for Business Owners?
Best Corporate Financial Planning Considers the Benefits of Business Insurance Most people hate life insurance. There are even fewer people that want to buy life insurance. The people that like it are the individuals that realize what life insurance can do for them and their business. The only other people who want to buy life insurance are the one’s that … Read More