How Can You Protect Your Business Surplus from High Taxes?
For many successful business owners, surplus earnings are a chance to reinvest and grow wealth, but the tax rate on investment income under a corporation is as high as 50% which can impede your progress. Every year, you might see half of your surplus lost to taxes, making it harder to achieve your financial goals.
Why do you need it?
Corporate Life Insurance offers a powerful way to protect your surplus and minimize tax exposure. Here is how it works:
- Tax-free investment growth: Surplus funds invested in a corporate-owned life insurance policy grow tax-free, allowing your wealth to compound faster without triggering passive income tax.
- Reduce taxable passive income: By shifting surplus into life insurance, you lower the passive income from traditional investments, avoiding the high 50% tax rate.
- Create a tax-free estate payout: When the policy pays out, your estate receives the funds as a tax-free capital dividend, preserving more wealth for your heirs.
- Boost estate planning efficiency: Corporate life insurance reduces the taxable value of your shares upon death, cutting estate taxes and keeping wealth within your family.
- Maintain liquidity: Use the policy as collateral for loans and gain access to funds without triggering taxes from asset sales, ensuring cash flow remains tax efficient.
How we can help:
At WiseInvest™, we specialize in tax-saving strategies tailored to business owners. Here is what we offer:
- Strategic planning: We help you shift surplus into tax-efficient solutions like corporate life insurance.
- Wealth optimization: Our approach ensures your investments grow tax-free and deliver maximum value.
- Legacy protection: We design plans to secure your wealth for future generations while minimizing taxes.
Take Control of Your Surplus Today!
Don’t let passive income taxes drain your hard-earned wealth. Contact WiseInvest™ now to explore how corporate life insurance and other tax-saving strategies can help you grow your surplus, protect your legacy, and ensure a secure financial future.
Our Process
UNDERSTANDING YOUR NEEDS
Discovery Phase
We start by listening, getting to know your goals, challenges, and opportunities. This is where we lay the foundation for a strategy that truly fits you.
1
DESIGNING A TAOLORED PLAN
Planning Phase
With a clear picture of your needs, we craft a customized plan designed to grow, protect, and transfer your wealth efficiently.
2
BRINGING THE PLAN TO LIFE
Implementation Phase
We put the strategy into action, ensuring everything is executed smoothly and effectively. We're with you every step of the way.
3
STAYING ON TRACK
Review Phase
Life changes, and so should your plan. We conduct regular reviews to adjust and refine your strategy, keeping you on course toward your financial goals.