disposition – Tompkins Insurance

All Articles Life Insurance Tax Non-Tax & Practical Issues Personal Ownership

April 9, 2025

Exiting Canada and life insurance – Part I – Leaving with personally held life insurance

Moving out of Canada with a personally owned life insurance policy is a lot more complicated than you might think!

Florence Marino

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All Articles Capital Dividend Account Life Insurance Tax

March 26, 2025

Life insurance taxation 101 – A unique tax regime

Life insurance has a unique tax regime. Death benefits are tax-free. Dispositions can result in taxable income.

Florence Marino

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All Articles Life Insurance Tax Personal Ownership

July 17, 2024

Roll-over of life insurance to a child – it’s a thing!

For a primer on the ins and outs of the rollover for transfers of a life insurance policy to a child.

Florence Marino

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