It’s more important than you think Naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries. Estate – the default choice Many people choose to name their…
by Katherine Janson for Participaction My brother lived and worked in Switzerland for a decade, and we would often compare notes on what working life was like over there, versus here in Canada. When he told his boss that his sister…
Transferring a Life Insurance Policy to a Corporation The Corporate Extraction Strategy involves transferring a personally owned life insurance policy to a corporation for its fair market value (FMV). When handled properly, it will result in withdrawing capital from the…
