Webinar: Taxation Principles

Join RBC Insurance's, Mitchell Singer, for a deep dive into the taxation principles of life insurance policies. This 2-hour webinar will guide you through the general rules and provide valuable insights on accessing the cash value.

2.00 hours Life (ON, SK, AB)
2.00 hours FP Canada
2.00 hours Life/A&S (MB, BC)
2.00 hours MFDA

Online

Oct. 24, 2023

12 PM - 2 PM ET

Webinar Overview:

Tuesday, Oct. 24, 2023 | 12:00 PM - 2:00 PM ET | 2 hours of accredited CE

Join Mitchell Singer for this informative 2-hour webinar as he dives into the world of life insurance taxation principles. Gain a comprehensive understanding of the general rules and discover the strategies to access the cash value.

Starting with an insightful review of the distinctions between individual and corporate ownership, Singer will guide you through calculating adjusted cost basis, exploring the net cost of pure insurance, and providing an overview of the CDA account and the Exempt test.

But that's not all - delve deeper into the nuances of Universal Life Insurance versus participating life insurance, equipping yourself with the knowledge to meet your clients' unique needs. Singer will also cover accessing cash values through policy loans, withdrawals, and collateral loans, ensuring you have a well-rounded understanding of these invaluable resources.

To conclude, Singer will explore individual estate transfers and compare life insurance to non-registered accounts through a comprehensive growth comparison. Don't miss out on this opportunity to expand your knowledge and enhance your client offerings.

Mitchell Singer

Director, Taxation & Estate Planning for RBC Insurance

Mitchell Singer is a successful executive and legal professional with a unique sales perspective. Through his 20 years career, he has built expertise in a sophisticated tax, insurance, estate planning, product design and sales and marketing.

Since being called to the bar in 2000, he has partnered with corporations, governments, and clients within the financial services sector to develop customized solutions that enable them to achieve their tax and estate planning goals.

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