This popular guide provides critical insight into the many roles life insurance plays in Estate Planning. This book will demonstrate how life insurance can assist your clients in securing lifetime financial success and establishing a strong legacy.
This handy reference includes:
- A comprehensive Estate Planning Fact Finder
- How to resolve and plan for estate liquidity needs
- The role of corporate-owned life insurance in estate and business planning
- Detailed strategies for funding buy/sell agreements
- Insurance needs and succession planning for owners of family businesses
- The use of life insurance in planning with trusts
- Methods of leveraging life insurance
New for this 4th Edition:
- Discussion of new CRA policies and case law affecting life insurance
- Revised commentary on charitable giving including new opportunities
for donation of life insurance policies - Expanded section on corporate taxation including new dividend tax rules
- Tax planning strategies for transferring personally owned insurance
policies to a corporation - New sections on partnership agreements and on analyzing disability
buy/sell agreements - Impact of new bankruptcy legislation on creditor protection for insurance products
- Expanded and enhanced case studies, worksheets and charts
Glenn Stephens was called to the Ontario Bar in 1982 and spent two years with a major accounting firm before joining the insurance industry as a tax and estate planning consultant. Glenn subsequently became a partner in a Toronto law firm before returning to the insurance industry in 1996 as a tax and estate planning consultant to a major Canadian insurance distributor.
In 2004, Glenn joined the PPI Financial Group as a Planning Services Consultant, where he provides tax and legal support to PPI Associates across Canada.
Glenn has lectured and written extensively on the subjects of estate planning, taxation and life insurance. He is an editor of CLU Comment and a contributing editor of Insurance Planning (published by Federated Press).