Table of Contents
1 Cover
4 Introduction: The Value of a Coach
5 Chapter 1: Incorporation 101 Why Incorporate? What Does It Cost to Incorporate? What's the Process to Incorporate? When Does It Not Make Sense to Incorporate? How Does Purchasing a Home Fit into My Incorporation Timeline? Can I Purchase My Principal Residence through My Corporation? What about Shareholder Loans? Does a Professional Corporation Give Me Creditor Protection? How Could I “Supercharge” My Charitable Donation? What Is the Lifetime Capital Gains Exemption (LCGE)? Now That I Have Incorporated, Can I Deduct My Golf Membership Fees? What Do I Do with My Corporation When I Retire? Real-Life Case Example of Restructuring Shares Notes
6 Chapter 2: The Compensation Decision: Salary or Dividends? Understanding the Roots of the Compensation Question Salary as Compensation Dividends as Compensation Do You Want to Put Your Savings in an RRSP or in Your Corporation? Do We Want to Participate in the Canadian Pension Plan (CPP)? Do We Have Investments Inside the Corporation? What Are Some Exceptions to these Rules? Notes
7 Chapter 3: Investing Inside Your Corporation Can I Invest through My Corporation? New Passive Income Tax Rules Reminder: Asset Allocation Still Matters What Are Corporate-Class Investments? The Power of Tax-Deferred Compounding Note
8 Chapter 4: Valuing Permanent Insurance on the Holistic Corporate Balance Sheet A Review of the Basics—Permanent Life Insurance as Tax Arbitrage The Benefits of Corporate-Owned Permanent Life Insurance A Real-World Example: My Plan in Action Understanding the Criticisms of Corporate-Held Permanent Life Insurance
9 Chapter 5: Risk Management A Careful Examination The Way We Think About Insurance Wealth Insurance Risk Insurance (Life and Disability Insurance) Critical Illness Insurance Long-Term Care Insurance
10 Chapter 6: Borrowing to Invest What Is Leverage? Who Are Good Candidates for Using Leverage? Enhancing Returns in the Corporation with Leverage Strategic Prudent Leverage: Timing Building a Non-Registered Portfolio Make Your Mortgage Interest Tax-Deductible Investments That Use Leverage When Does Leveraging Go Bad? Note
11 Chapter 7: Investing: Active or Passive? What Is Active Investing and What Is Passive Investing? Understanding Investment Trends A Deep Dive into Passive Management Diving into Active Management Wrapping Up the Debate Notes
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Chapter 8: The Role of Trusts in Your Financial Plan
Speaking the Language of Trusts
Trust Concepts
Inter Vivos Trusts
Discretionary