Estate Planning with Life Insurance, Live Webinar Dec 7, 2022
Life Insurance – Asset or Expense? At times, the word ‘Insurance’ is automatically associated with ‘expense’. However, many planning opportunities exist to provide investors a tax efficient opportunity to use Life Insurance as a valuable wealth piece that allows families to preserve and maintain their wealth and legacy.

OVERVIEW

Life Insurance – Asset or Expense?

 

At times, the word ‘Insurance’ is automatically associated with ‘expense’. However, many planning opportunities exist to provide investors a tax efficient opportunity to use Life Insurance as a valuable wealth piece that allows families to preserve and maintain their wealth and legacy.

  

DETAILS

Come join us as we complete a deep dive in the benefits of using Life Insurance as an investment tool and review the tax legislation that provides for these planning opportunities. We will cover business owner examples on how valuable Life Insurance is for purposes of funding taxes on death and completing effective succession planning.

 

We will also look at how these portfolios are designed, what’s included and how this all works in combination with an effective tax plan.

 

Join Tony Salgado, CPA, CA, CFU, CLU for a comprehensive and practical discussion on Estate Planning Life Insurance.

 

TOPICS:

  • Death & Taxes 

    • Canadian residents are 'deemed' to have disposed of all capital property upon death. How does this impact the transfer of family wealth and what if there isn't enough liquidity to pay for all the taxes on death

  • Retirement Planning using Insurance 

o   How can Canadians use an 'insurance' asset to solidify and augment their retirement portfolios. How can insurance assets actually help support the retirement cash flow of Canadian business owners and other high net worth individuals

  • Family Business Succession 

o   Why liquidity is crucial for the transfer of the family business. How does the family business go from one generation to another in a tax-efficient manner? What if one child wants involvement and another child doesn't want involvement? 

 

LEARNING OBJECTIVES:

  • Identify tax & estate planning problems and determine whether an insurance solution might be appropriate

·       How to retain family legacy wealth and plan for tax efficient transfers 

·       Deeper dive into the Canadian tax legislation which provides for these planning opportunities   

 

MINIMUM REQUIREMENTS:

You will require an Internet connection and a phone/voice connection at the same time. Most attendees use their computer for the audio. Participants are able to submit questions and comments during the session via a Q&A text panel. Terms, conditions, pricing and services subject to change.

 

TARGET AUDIENCE:

This webinar will be of most interest to lawyers, accountants, and family wealth planners advising their clients on family business succession and real estate investors. 

PROFESSIONAL DEVELOPMENT CREDITS (CPE HOURS):

Wolters Kluwer professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary by association and region. Please consult your provincial association to ensure this webinar meets the continuing professional development standards for your specific situation.

Registrations for each Live Webinar are available until the start of each program. We reserve the right to substitute speakers in the case of instructor illness. In the event that we must cancel a Live Webinar, all registrants will be notified immediately and given the opportunity to either transfer their registration to another Live Webinar or a Recorded Webinar or obtain a refund. For all Live Webinars that are recorded, participants will have access to the recording for 3 months following the Live Webinar. Partial credit will not be awarded for attendees that are not present for the entirety of the Live Webinar. Credit will not be awarded if an attendee does not answer all of the polling questions (where applicable). Additional credit will not be awarded due to the instructor presenting over the allotted time.

 

CANCELLATION POLICY:

Due to the costs involved with planning Web sessions, cancellations must be confirmed in writing at least one (1) business day before the beginning of the Web session. If we receive your cancellation notice within the above-mentioned period, you will receive a full refund. No refund will be issued for notices received after the cancellation period.

 

THIS WEBINAR INCLUDES:

  • 30-days to review the webinar recording

  • Print version of the presentation slides

  • PD Certificate for 2 hours

PRESENTER:

This webinar is being presented by:

Tony Salgado, CPA, CA, CFP, CLU

President & Founder

AMS Wealth Inc.

www.amswealth.ca

 

Tony is an estate and tax planning accountant and life insurance advisor. Before founding AMS Wealth, Tony held various director positions within wealth advisory firms and began his career with PricewaterhouseCoopers providing tax compliance and planning to high net-worth individuals and business owners. Tony has provided insightful information on matters regarding personal finance, tax and estate planning to various media outlets such as the Financial Post, The Globe and Mail, Advisor.ca and has appeared as a guest on BNN television and CBC radio.

Tony has tutored for the CPA Canada In-Depth Tax Program and has been a facilitator for the CPA Ontario program.

 

EDUCATION

  • Chartered Professional Accountant (CPA, CA)

  • Certified Financial Planner (CFP)

  • Chartered Life Underwriter (CLU)

  • CPA In-Depth Tax Program

CPA In-Depth Tax Issues for the Owner-Managed Business

Tony Salgado
Tony Salgado

Tony Salgado, CPA, CA, CFP, CLU

President & Founder

AMS Wealth Inc.

www.amswealth.ca

Tony is an estate and tax planning accountant and life insurance advisor. Before founding AMS Wealth, Tony held various director positions within wealth advisory firms and began his career with PricewaterhouseCoopers providing tax compliance and planning to high net-worth individuals and business owners. Tony has provided insightful information on matters regarding personal finance, tax and estate planning to various media outlets such as the Financial Post, The Globe and Mail, Advisor.ca and has appeared as a guest on BNN television and CBC radio.

Tony has tutored for the CPA Canada In-Depth Tax Program and has been a facilitator for the CPA Ontario program.

 EDUCATION

  • Chartered Professional Accountant (CPA, CA)

  • Certified Financial Planner (CFP)

  • Chartered Life Underwriter (CLU)

  • CPA In-Depth Tax Program

CPA In-Depth Tax Issues for the Owner-Managed Business