Do I Need A Holding Company?

holding company

A question that I’m often asked by business owners is “Do I Need a Holding Company or is my Operating Company enough?”  There are a number of potential opportunities that a Holdco, which owns shares in your OpCo, that can offer business owners a  huge advantage over just having an Opco.  We’ll take you through a few scenarios where a … Read More

Pay Attention to Your Beneficiary Designation

beneficiary designation

Whether you’re taking a contract for your business or personally, naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries.  Have you made any of these common mistakes with your beneficiary designation? Estate – the default choice Many people choose to name their “estate” as their beneficiary. … Read More

Clever Uses of Life Insurance by Business Owners

Clever uses of life insurance

Not many people say they love buying or the process of buying life insurance.  Who wants to discuss about the eventual demise of oneself?  There are certain situations which are reliant upon life insurance to create an insurgency of cash into a business when weathering the loss of a business owner.  There are however, clever uses of life insurance by … Read More