How to provide a Canadian couple with corporate & personal financial planning (tips for Advisors) [Video]

In this 45-min webinar, we guided you through the process of adding a corporation to your projections.

We reviewed a basic scenario for a couple close to retirement with a simple schedule of eligible and non-eligible dividend payments.

Want to follow along? Canadian Financial Advisors, Planners, and Investment Managers are eligible to start a 14-day Free Trial of Snap Projections: https://app.snapprojections.com/signup

We discussed how you can upgrade your plan to Advisor Business to access our Corporate Planning module.

We reviewed in detail a more complex scenario for a sample couple in their 40s with a shared small business.

We addressed a common client’s question: How long will our corporate assets last in retirement, and will it be enough?

While doing so, we discussed the following:

1. how to add a corporation to the projections with corporate capital and real assets
2. how to set-up salary, expenses, and savings within the corporation
3. how to declare eligible, non-eligible, and capital dividends
4. certain considerations to keep in mind when taking the funds out of the corporation