Corporate Estate Bond

Corporate Estate Bond

Need
Shareholder of a private corporation who has strong desire to leave a legacy at death. Age 45 and older. Corporation has funds
available to invest.

Structure

Corporation uses surplus cash, currently invested in taxable investments, to fund or overfund a life insurance policy.

Comparative Analysis

Compare the estate benefits of a corporate owned permanent life insurance policy to a taxable investment.

Benefits

Provides life insurance protection.Increases the size of the estatewhere proceeds received by the corporation are distributed to the deceased shareholder’s estate. Cash values grow tax deferred. Reduces current tax payable by corporation. Proceeds generate credit to Capital Dividend Account.

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