604-880-9589

jack@jackshaffer.com

CORPORATE INSURED RETIREMENT PROGRAM

The Opportunity for Small Businesses and Professional/Medical Corporations with growing Retained Earnings

Business owners who need Life Insurance to…

Capitalize on the Capital Dividend Account (CDA) to receive potentially tax-free dividends

Fund a buy-sell agreement between partners of the company

Cover the loss of a key employee such as an individual with a special skill

Secure a loan that will only be granted if there is life insurance on the business owner

Fund a capital gains liability that results from the distribution of a shareholder’s interest in the company to his/her designated beneficiaries

Using Whole Life or Universal Life, once a sizeable Cash Value has accumulated, a third party line of credit may be established to…

Access a source of cash for income or emergencies

Provide a source of tax advantaged supplemental retirement income for key employees and owners

Seek out new business opportunities

Expand their businesses or pay for other operational expenses

About

Jack is a graduate of the Family Enterprise Advisor Program given by the Sauder School of Business at UBC. He has lectured extensively to professional groups including the B.C. Institute of Chartered Accountants, as well as individual accounting and legal firms. He is co-author of, and has been instructor for, both the introductory and advanced life insurance courses for the Canadian Institute of Chartered Accountants. He often is called upon to provide expert opinion or testimony in legal disputes involving life insurance or advisor conduct.

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