https://familyinsuranceplans.com/wp-content/uploads/2021/06/ESTATE-FREEZE.jpg 281 500 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-06-13 16:54:042021-06-14 15:54:06Estate Freeze
An estate freeze can be an integral part of your estate planning strategy. The purpose of an estate freeze is to transfer any future increase in your business's value (generally shares) that you own to someone else.
https://familyinsuranceplans.com/wp-content/uploads/2021/05/Slide3.jpeg 810 1440 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-05-09 15:27:042021-05-10 14:27:06Succession Planning for Business Owners
Business owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.
https://familyinsuranceplans.com/wp-content/uploads/2021/04/BC-Budget-Highlights-2021.jpg 281 500 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-04-29 00:57:042021-04-29 23:57:05British Columbia 2021 Budget Highlights
On April 20, 2021, the B.C. Minister of Finance announced the 2021 budget. We have highlighted the most important things you need to know, including: • Changes in the requirement to repay the B.C. Emergency Benefit for Workers • Home Owner Grant threshold change • PST exemption for electric bikes • Elimination of PST rebate for certain vehicle sales • Delay in the carbon tax increase • Tobacco tax increases • Changes to the speculation and vacancy tax
https://familyinsuranceplans.com/wp-content/uploads/2021/04/FEDERAL-BUDGET-2021.jpg 281 500 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-04-22 10:37:312021-04-22 11:00:30Federal Budget 2021 Highlights
On April 19, 2021, the Federal Government released their 2021 budget. Our article contains highlights of the various financial measures in this budget, divided into three different sections: • Business Highlights, including an extension to COVID-19 Emergency Business Supports, new programs to support job creation, and a change in interest deductibility limits. • Individual Highlights, including details on the tax treatment and repayment of personal COVID-19 benefits (such as CERB), eligibility changes to the Disability Tax Credit, an increase in OAS for those 75 and up, and support for job skills retraining. • Additional Highlights, including a proposed federal minimum wage of $15, changes to the GST New Housing Rebate conditions, and new or increased taxes in areas such as luxury goods, tobacco, and Canadian housing owned by non-resident foreign owners.