Florence Marino

Imperfect conduit – Transfer of a life insurance policy as a dividend-in-kind via a trust All ArticlesCorporate OwnershipTrusts
January 17, 2024

Imperfect conduit – Transfer of a life insurance policy as a dividend-in-kind via a trust

Trusts are not perfect conduits. Dividends received in-kind by a connected corporation that is a beneficiary of a trust maintain their character as inter-corporate dividends but on the disposition of the property itself, differences in…
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What does life insurance have to do with proposed intergenerational business transfers? – Lots All ArticlesBusiness SuccessionCapital GainsIntergenerational Business Transfers
November 15, 2023

What does life insurance have to do with proposed intergenerational business transfers? – Lots

The business succession tsunami (See: Succession Tsunami: Preparing for a decade of small business transitions in Canada (cfib-fcei.ca) expected in the next decade in Canada should not come as a surprise. Demographic factors, growth in…
Florence Marino
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