Insurance Strategies Course Updated and Improved

Small business forms the backbone of the Canadian economy, yet only a minority of businesses successfully pass to new owners. Sophisticated strategies are needed to ensure greater success in the transition of business ownership.

The updated Insurance Strategies for Small Business Owner course features a comprehensive textbook by Glenn R. Stephens, LL.B., Estate Planning with Life Insurance, as well as Reading Guide questions to bring home the benefits of new wealth planning discussions with your clients and the multi-advisory team that may be working with you in succession and estate planning. This is an excellent course for any tax advisors working in planning for family succession or in terminal return preparation.

The course was recently updated by Knowledge Bureau president Evelyn Jacks and certified financial planner Tom Russell, B.Sc., MBA, CFP^®, CLU, CH.F.C.

Estate planning with life insurance is an important cornerstone of family wealth planning and, with recent tax changes, a professional update is required for any tax and financial advisor working with high net worth families. There are a number of new issues to consider, including changes dealing with “10/8” strategies, leveraged insurance annuities, retirement compensation arrangements and proposed new exempt test rules for insurance policies. Corporate-owned life insurance and family shareholder agreements should also be reviewed in conjunction with succession and business exit planning. As well, enhanced new capital gains exemption planning opportunities and rule changes to testamentary trusts round out the many reasons why this course is a must for tax and wealth advisors this year.

This program considers the vital role that life insurance can play in the successful transition of a business on a business owner’s death, from two perspectives:

1. the individual who intends to pass his or her interest in a business to other family members (such as children)
2. the business owner whose interest in a business will pass to someone outside the family

You’ll learn unique insurance solutions applicable to each type of business.

For more information about the newly updated Insurance Strategies for Small Business Owner course, click here.

Refer a Friend	Research	Calculators	Course Trials