Income Tax-FREE Dividend Strategy

People may not even be aware when you invest in Canadian publicly traded companies that pay dividends. When it comes time to switching that dividend election from purchasing more shares to receiving those dividends as income, both you and your spouse can structure yourself in such a way where you can receive up to somewhere in the neighborhood of $55,000 each a year in dividends and not pay any income on tax on it.

Especially on this type of policy change. What was more favorable for people to try to get which was capital gains? They've essential favored now dividends and what we do daily basis specialize in the placement of properly designed whole life insurance policy. This is where we're going to talk about building that warehouse of wealth and getting it out of those locations that they have on their targets.