tag:blogger.com,1999:blog-4402283548766807872.post5509342033543997240..comments2024-03-14T19:35:14.456-04:00Comments on The Blunt Bean Counter: The Two Certainties in Life: Death and Taxes - The Impact on Small Business OwnersThe Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4402283548766807872.post-40327269747233804772015-09-02T13:44:06.913-04:002015-09-02T13:44:06.913-04:00Hi Anon
I have no expertise in this area. SorryHi Anon<br /><br />I have no expertise in this area. SorryThe Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-61212515459534105062015-09-02T02:26:06.572-04:002015-09-02T02:26:06.572-04:00Hello Mark,
could you please share your opinion on...Hello Mark,<br />could you please share your opinion on estate achiever life insurance policies, specifically how they compare to other forms of investment. The numbers look great (for EA) but I am concerned about the hidden management fees that are hard to understand and not very transparent unlike the management fees of the bank. Also, could you please advise on what to look for when comparing and choosing between EA policies from different companies (Canada Life, Manulife etc). Thank youAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-33117481694667506072015-03-26T23:53:13.216-04:002015-03-26T23:53:13.216-04:00Hi Anon
Upon death, the holding company shares ar...Hi Anon<br /><br />Upon death, the holding company shares are deemed disposed as a capital gain, however, as noted above you may need a pipeline or similar transaction subsequently that involves redemption and deemed dividends. This is extremely complicated and you would need to discuss with your accountant to work through the best solution for a particular circumstance.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-18350268710032132862015-03-26T19:07:50.093-04:002015-03-26T19:07:50.093-04:00For a family holding company is the FMV taxed as a...For a family holding company is the FMV taxed as a cap gain or a deemed dividend?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-58023253762670402682015-02-02T20:21:47.918-05:002015-02-02T20:21:47.918-05:00Thx Kevin, applies to lots of people, just no one ...Thx Kevin, applies to lots of people, just no one I deal with.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-32350040309983960232015-02-02T15:21:24.535-05:002015-02-02T15:21:24.535-05:00I know this doesn't apply to most readers, but...I know this doesn't apply to most readers, but if the family business is farming or fishing there are more options. Please see # 5 &7 inhttp://www.agf.gov.bc.ca/busmgmt/succession/estate_plan_2001.htm It really has helped my family situation. KevinAnonymoushttps://www.blogger.com/profile/11617475405463903009noreply@blogger.com