81. Capital Dividend Account for Canadian Business Owners – Tax Free Legacy

The Capital Dividend Account For Canadian Businesses is a huge Tax Advantage Secret in Canada! 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 to 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. 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 ️ WEALTH WITHOUT BAY STREET LINKS: Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthonmainstreet.com/masterclass Podcast Website: https://wealthonmainstreet.com/ Follow us on Facebook: https://wealthonmainstreet.com/fb Subscribe to our Youtube Channel: https://wealthonmainstreet.com/yt Book a 15-minute call: https://wealthonmainstreet.com/15mincall Re-think Your Thinking – The Backwards Bicycle : https://wealthonmainstreet.com/backbike Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here: https://wealthonmainstreet.com/dayofnelson Join Our Community! https://wealthonmainstreet.com/community Check out our other Channel for more content: https://wealthonmainstreet.com/bankersvault IBC RECOMMENDED BOOKS https://wealthonmainstreet.com/books ️ WATCH THE DOCUMENTARY Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/ Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/ EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/ EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/ #WWBS #JaysonLowe #RichardCanfield #theinfinitebankingconcept #wealthwithoutbaystreet #CapitalDividendAccount