Tax Talk Podcast
A monthly podcast with a wide range of guests focused on helping Canadian small business owners make decisions surrounding incorporation, growing their business efficiently, and implementing successful succession, estate planning & tax planning strategies.
Tax Talk Podcast
Insurance = Generational Wealth | Colleen Gillam-Judd | EP 037
According to recent statistics, 22 million Canadians have some kind of life insurance policy in place.
Are you one of them?
On episode #37 of the Tax Talk Podcast, Jared sits down with Colleen Gillam-Judd with IG Wealth Management to discuss the importance of having the proper insurance policy in place to protect your business and most notably, your financial legacy.
Some of the topics discussed are as follows:
- What is the difference between term and whole/universal life insurance?
- How is life insurance used to create estate liquidity?
- How is life insurance used to support business succession planning?
- Are insurance policies a good tool for wealth accumulation?
- Are life insurance policies a good vehicle to provide creditor protection?
- Should business owners consider disability buy-outs and critical illness insurance options as well?
#podcast #TaxTalkPodcast #SmallBusiness #tfsa #rrsp #nonregistered #investments #retirement #taxplanning #farming #goals #finances #tax #accounting #reddeer #alberta #LegacyTax #trochu #didsbury #cpa #insurance
------------------------------------------------------------------------------------------------
Disclaimer
By using this website, blog or podcast, users agree as follows:
The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first.
The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with.
Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.
Disclaimer: This is a general source of information only. It is not intended to provide personalized tax, legal or investment advice, and is not intended as a solicitation to purchase securities. Colleen Gillam-Judd is solely responsible for its content. For more information on this topic or any other financial matter, please contact an IG Wealth Management Consultant.