Capital Dividend Account for Canadian Business

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The Capital Dividend Account For Canadian Businesses is a huge Tax Advantage Secret!

Can you stockpile capital inside of a Canadian Controlled Private Corporation (CCPC) and then exit it tax-free? The answer is yes, it's all in the strategy you use to make it happen. Your corporation pays for it, and you get to use it, more importantly, it can pass on a legacy far greater than just life insurance. It can allow you to extract critical assets and maximize the value of your estate.

Richard Canfield and Jayson Lowe of Ascendant Financial discuss the Corporate Insured Retirement Plan and the key advantage of the Capital Dividend Account.

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IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
3:30 Case study example of a corporate account
10:26 Tax-free withdrawals from your policy account value
16:58 Exercising your capital dividend account credit
20:44 Working with an experienced advisor and team
26:38 Understanding where to reside your wealth and company resources

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