How to Use Life Insurance as Capital Gains Relief in CanadaIf you’re a Canadian business owner, real estate investor, or incorporated professional, your biggest tax bill may not come during your lifetime — it could hit your estate after you’re gone.Book a Discovery meeting here:https://safepacific.com/discovery-schedule/When you pass away, the CRA treats death like a sale. Your business shares, real estate, and non-registered investments are all deemed sold at fair market value, often triggering a massive capital gains tax bill. Without planning, that tax can force your family to sell assets, liquidate investments, or give up part of what you spent decades building.In this video, I’ll show you how life insurance can be used as a powerful capital gains relief strategy in Canada — helping offset or even eliminate capital gains tax at death, while preserving your legacy for the next generation.Hi, I’m Laurent Munier, Partner and Advisor at Safe Pacific Financial.We help Canadian professionals and business owners grow, protect, and transfer wealth using tax-efficient strategies built for Canada’s rules — not generic advice.Timestamps00:00 Intro: The capital gains problem at death00:49 Deemed disposition: what CRA assumes when you die01:41 What gets taxed: real estate, corporations, investments03:00 What happens to families without a liquidity plan04:45 Why life insurance is the cleanest solution05:33 How it works: tax-free liquidity to cover capital gains06:37 Corporate-owned insurance + the CDA explained08:20 Post-mortem planning strategies insurance supports10:47 Real example: offsetting a $500,000 tax bill14:04 Final thoughts: plan ahead to protect your legacy17:37 How to work with Safe Pacific + book a consult18:22 Wrap-up + like/comment/subscribeWhat You’ll Learn in This VideoWhat actually happens to capital gains at death in CanadaHow deemed disposition creates large tax bills for estatesWhy capital gains tax is one of the biggest threats to generational wealthHow permanent life insurance provides tax-free liquidity at deathHow corporate-owned life insurance and the Capital Dividend Account (CDA) work togetherA real-world example showing how life insurance can offset a $500,000 capital gains tax billWho This Strategy Is ForThis video is especially relevant if you:Own a business or holding companyHold real estate outside your principal residenceHave retained earnings or investments inside a corporationAre an incorporated professional (doctor, dentist, accountant, lawyer)Want to pass on wealth without forcing asset sales or CRA surprisesLife insurance isn’t just about income replacement. When structured correctly, it becomes one of the most effective estate planning and tax tools available in Canada — providing liquidity exactly when your estate needs it most.Why Capital Gains Planning MattersWithout a plan, capital gains tax can quietly erode 25–30% (or more) of your estate’s value. With the right structure in place, life insurance can:Cover capital gains tax without selling assetsCreate tax-free distributions through the CDAPreserve businesses and real estate for heirsReduce stress, delays, and family conflictNext StepsIf you want to understand how this strategy could work for your situation — whether personally or inside a corporation — we can walk you through it step by step.Book a Discovery meeting here:https://safepacific.com/discoveryIf you found this video helpful:- Like the video- Leave a comment with your questions- Subscribe for more Canadian tax and wealth planning strategiesShare this with a business owner or investor who should be thinking about capital gains planningGET STARTED NEXT STEPS https://safepacific.com/discovery-schedule/SUBSCRIBE https://www.youtube.com/safepacific?sub_confirmation=1INSTAGRAM https://www.instagram.com/safepacific/LINKEDIN https://www.linkedin.com/company/safe-pacific-financial

How to Leverage Your Whole Life Insurance Policy for Loans in CanadaSet up a Discovery meeting here: https://safepacific.com/discovery-schedule/Looking to unlock new financial opportunities? Learn how to use your whole life insurance policy as collateral for loans and change the way you finance your goals. Whether you’re funding a business venture, investing in real estate, or covering major expenses, this strategy offers flexibility, security, and long-term growth potential.Hi, I’m Laurent Munier, partner and advisor at Safe Pacific. For over a decade, we’ve helped Canadians leverage whole life insurance policies to grow their businesses and build financial security. In this video, we break down how policy leverage works in Canada and when it makes sense.What You’ll Learn in This VideoWhat leverage really means and how whole life policies work as collateralPolicy loans from insurance companies and how they workBank loans using your policy as collateralThe pros and cons of each option so you can choose the right approachWhy Leverage Your Whole Life Insurance Policy?Access liquidity without interrupting compounding growthFlexible financing for business, investments, or major expensesTax-efficient access to capital with no taxable income from policy loansTwo Ways to Borrow Against Your Policy1) Policy Loans from Insurance CompaniesFast approval with no credit checksPrivate and simple access to cash valueFlexible repayment terms2) Bank Loans Using Your Policy as CollateralLower interest rates (often Prime to Prime +0.5%)Options like lines of credit and IFAsBest suited for higher-value policies and larger loan amountsWhich Option Is Right for You?Policy loans are ideal for speed and simplicityBank loans are better for larger amounts and lower interest costsTake the Next StepIf you want to explore leveraging your whole life insurance policy, book a discovery meeting at https://safepacific.com/discovery-schedule/. We’ll walk through your situation and help you understand your options.Found value in this video?Like the videoLeave a comment with your questionsSubscribe for more Canadian wealth strategy contentShare this with someone who would benefitBlog: https://safepacific.com/leveraging-your-whole-life-insurance-policy-as-collateral-for-loans-in-canada/LinkedIn: https://www.linkedin.com/company/safe-pacific-financialInstagram: https://www.instagram.com/safepacific/

From OpCo to Legacy: the hidden estate planning crisis for business owners (and how to fix it)Book a Discovery Meeting (early CTA): https://safepacific.com/discoveryIf you’re an incorporated business owner with money building inside your HoldCo, we’ll help you quantify the “tax time bomb” and map out options (CDA, insurance liquidity, estate freeze coordination, and more).In this talk from the Advocis Estate Planning Summit 2025, Robert Trasolini breaks down the hidden estate planning risk most business owners don’t see coming: double taxation on death (deemed disposition + extraction tax). You’ll learn how common corporate structures create massive deferred tax liabilities, how the passive income rules can quietly increase ongoing corporate tax, and where corporate-owned life insurance can add liquidity and CDA credits to improve after-tax outcomes for your family.Timestamps00:00 – Intro: Safe Pacific + focus on corporate insurance & wealth00:15 – “From OpCo to Legacy”: the estate planning crisis for owners00:44 – Typical structure: OpCo → HoldCo → (maybe) family trust00:55 – Why owners keep profits in the corporation (tax deferral)01:39 – The “tax deferral time bomb”: when the bill comes due (death)02:01 – The 3 core business-owner questions: Grow / Extract / Leave03:02 – Passive income rules (2017+) and why they matter03:24 – Small business rate vs general rate: the tax deferral advantage03:42 – Why corporate investing gets hit hard (no TFSA/RRSP in a corp)04:11 – Passive income grind: how $50k+ can reduce the SBD limit04:49 – Real-world example: $3M HoldCo → $150k passive income → big tax drag05:44 – “My money feels trapped”: challenges extracting corporate wealth06:26 – What happens on death: deemed disposition + second layer of tax06:58 – Example: $10M HoldCo → why total tax can exceed 70%08:41 – Solutions overview (high-level): strategies + where insurance fits09:39 – Why life insurance: liquidity + smoother transitions + CDA credits13:36 – CDA basics: what it is, how it’s calculated, why ACB matters15:08 – Why corporate life insurance works: tax-sheltered growth + access16:15 – The “doubling penny” slide: why tax deferral changes outcomes17:10 – Case Study #1: Warren (55) engineering firm + passive income problem19:18 – Solution: corporately-owned participating whole life + portfolio shift20:44 – Results: lower corporate tax + higher after-tax growth + future CDA21:03 – Case Study #2: John & Maggie (71) real estate HoldCo + $5M tax bill22:01 – Estate freeze + plan for known tax liability22:49 – Joint-last-to-die + one-time deposit funding approach (example)24:06 – IRR comparison: insurance vs a taxable GIC equivalent25:15 – Business owner checklist: tax bill, liquidity, CDA opportunities26:13 – Key line: “Don’t let CRA be your biggest heir.”26:31 – Live Q&A: pipeline planning, insurability, PAR vs UL, younger ownersKey takeaways:Many owners unknowingly build a large deferred tax liability inside the corp.Passive income can reduce access to the small business deduction, increasing corporate tax.On death, owners can face two layers of tax: the deemed disposition of shares and the tax on extracting corporate assets.Corporate-owned life insurance can provide liquidity at death and create CDA credits to help move assets to beneficiaries more tax-efficiently.Work with Safe PacificBook a Discovery Meeting: https://safepacific.com/discoveryWe’ll help you:estimate your tax exposure (now + on death),identify planning levers (CDA, insurance, corporate investing structure),coordinate with your accountant/lawyer on implementation where needed.DisclaimerThis video is for educational purposes only and is not tax or legal advice. Always consult your accountant and legal counsel for your specific situation.

Surviving a major illness isn’t the end of the story — it’s often the beginning of a whole new financial challenge.Every year, thousands of Canadians survive cancer, stroke, and heart attacks. Recovery can take months (or years), and the bills don’t stop. That’s where critical illness insurance can change the outcome: it pays a tax-free lump sum so you can focus on recovery without worrying about cash flow.If you want to see what coverage you can qualify for and what it would cost, book a discovery meeting here:safepacific.com/discoveryIn this video, Laurent Munier (Safe Pacific Financial) breaks down how critical illness insurance works in Canada, what it covers, who it’s for, and how to choose the right amount of protection as part of a smart financial plan — especially if you’re incorporated, self-employed, or a high-income professional.Join the conversationIf this video helped you:• Like the video• Subscribe for weekly Canadian insurance + wealth strategy breakdowns• Share it with a business owner or professional who relies on their income• Comment below with your questions — we read and replyTimestamps00:00 Why surviving an illness creates a financial problem00:19 What critical illness insurance does (tax-free lump sum)00:28 Meet Laurent + what you’ll learn in this video00:47 What critical illness insurance is (and how it differs from disability/health coverage)01:21 What makes it valuable: what the lump sum can actually be used for02:06 Why lowering stress matters during recovery03:27 What critical illness insurance covers (the big conditions)05:03 Why most claims come from a handful of conditions05:53 How we compare carriers and plan features (definitions, return of premium, waiting periods)06:40 Who should consider it (incorporated, self-employed, families, business owners)08:26 Using CI for debt protection, private care, and medical travel09:50 The “hidden” costs people don’t plan for (family travel, parking, meals, logistics)10:42 Why getting coverage while you’re healthy matters (risk stats and planning)11:34 How much coverage do you need (rule of thumb + real life factors)15:32 Common coverage amounts (group plans vs personal coverage)16:37 What critical illness insurance costs (what impacts pricing)17:53 What the application process looks like18:24 Return of premium: how it works and when it may or may not fit19:32 Where CI fits inside a financial plan (protection → savings → growth → tax/estate)20:31 A practical story: why insurance changes recovery decisions21:37 Next steps: get quotes, compare options, and book a discovery meetingBook a discovery meeting: safepacific.com/discoveryGET STARTED NEXT STEPS https://safepacific.com/discovery-schedule/SUBSCRIBE https://www.youtube.com/safepacific?sub_confirmation=1INSTAGRAM https://www.instagram.com/safepacific/LINKEDIN https://www.linkedin.com/company/safe-pacific-financial

Is Infinite Banking a Scam? Let’s Set the Record Straight!

You’ve heard the buzz about Infinite Banking, but is it truly a game-changing financial strategy, or just an overhyped scam? In today’s video, we’re tackling the debate head-on to uncover the truth behind this often misunderstood concept.

Hi, I’m Laurent Munier, partner at Safe Pacific Financial and certified by the Nelson Nash Institute of Infinite Banking. Over the past 14 years, we’ve helped 100s of Canadians set up Infinite Banking policies tailored to their financial goals. Let’s break down the myths, criticisms, and realities of Infinite Banking so you can decide if it’s right for you.

Set up an Infinite Banking meeting with Canadian experts here: https://safepacific.com/ibc-schedule/

Why Do Some People Call Infinite Banking a Scam?
Here are the top criticisms (and the truth behind them):

1. “You Could Make More Money Elsewhere” – Why this comparison misses the point and overlooks key benefits like tax advantages and uninterrupted growth.

2. “It’s Too Expensive” – Breaking down the costs of whole life insurance vs. term insurance (and why they’re not the same thing).

3. “It’s Too Complex” – We simplify the principles and show how the right advisor can make it easy.

4. “You Pay Interest to Use Your Own Money” – Why paying interest is actually a feature, not a flaw, of the strategy.

5. “Pushy Sales Tactics” – How some agents oversell Infinite Banking and why this strategy isn’t for everyone.

What Makes Infinite Banking Worth Considering?
Infinite Banking is a powerful financial tool for the right person. When implemented correctly, it offers:

• Uninterrupted Compound Interest: Grow your wealth without stopping the compounding process.

• Tax-Advantaged Growth: Enjoy benefits that traditional investments can’t match.

• Financial Flexibility: Use your policy’s cash value to fund investments, business ventures, or major expenses—all while it keeps growing.

• Permanent Life Insurance: Build wealth and secure your family’s future with one strategy.

Is Infinite Banking Right for You?
This strategy isn’t for everyone, and that’s okay! It’s best suited for individuals with strong financial habits, consistent cash flow, and a desire for long-term wealth-building. If you’re still building your financial foundation with tools like a TFSA or RRSP, those are great starting points before considering Infinite Banking.

At Safe Pacific, we ensure Infinite Banking aligns with your goals, and we’ll let you know if it’s not the right fit for you. No pressure, no rush—that’s our promise.

Want to Learn More?
Set up an Infinite Banking meeting with Canadian experts here: https://safepacific.com/ibc-schedule/

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Blog: https://safepacific.com/infinite-banking-is-a-scam/
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What happens to your household… and your business… if you suddenly can’t work?For self-employed Canadians, incorporated professionals, and business owners, your income isn’t just a paycheque — it’s the engine behind everything: your mortgage, your lifestyle, your retirement plan, and often your company’s overhead.In this video, Laurent Munier (Partner & Advisor at Safe Pacific) breaks down how disability insurance works in Canada, why it’s one of the most overlooked (and most claimed) forms of insurance, and how to build the right policy around your occupation, income, and long-term plan.We cover the real-world differences between short-term vs long-term disability, what “own-occupation” actually means, how much coverage you can qualify for, and how to structure the policy so it actually does what you need it to do when it matters.If you’re building wealth, but you haven’t protected the income that builds it, this is where you start.Book a free consultation: safepacific.com/discoveryIf this video helped you, please support the channel:• Like the video• Subscribe for weekly videos on Canadian insurance and wealth strategy• Share this with a business owner or professional who needs income protection• Comment below with your questions — we read and replyTimestamps:00:00 Intro: What happens if you can’t work?00:18 Meet Laurent + why income protection comes first00:39 What disability insurance is (and what it isn’t)01:34 Who needs disability insurance most02:22 The “1 in 3 Canadians” risk (and why it matters)02:47 Why disability is the most claimed — and least sold04:10 Short-term vs long-term disability in Canada06:05 How long-term disability works (waiting periods + payouts)08:06 “Own-occupation” vs “regular” vs “any-occupation”10:17 How much disability insurance do you need?12:22 What expenses your coverage should actually protect13:30 Typical benefit amounts (and why tax-free matters)15:21 What disability insurance costs (and what affects pricing)17:32 How the application process works18:10 Key riders: future insurability, return of premium, residual disability20:01 Disability insurance as the foundation of a financial plan22:35 How to take next steps with Safe Pacific23:29 Like, comment, share, and subscribeGET STARTED NEXT STEPS https://safepacific.com/discovery-schedule/SUBSCRIBE https://www.youtube.com/safepacific?sub_confirmation=1INSTAGRAM https://www.instagram.com/safepacific/LINKEDIN https://www.linkedin.com/company/safe-pacific-financial

What You’re Getting Wrong About Infinite Banking: A Simplified BreakdownThink Infinite Banking is only for the ultra-wealthy or just another complex financial strategy? Think again. Infinite Banking is simpler than you think, and when done right, it can transform how you manage, grow, and access your wealth.Over the last 14 years, at Safe Pacific we’ve helped Canadians set up customized Infinite Banking policies tailored to their unique needs. Certified by the Nelson Nash Institute, we’re here to cut through the noise and show you how this strategy works—and how you can benefit.Set up an Infinite Banking meeting with Canadian experts here: https://safepacific.com/ibc-schedule/---What Is Infinite Banking?At its core, Infinite Banking leverages specially designed whole life insurance policies to create a personal “bank” you control. This strategy lets you:- Build a tax-efficient pool of capital- Borrow against your policy while it keeps growing- Take control of your finances without relying on traditional lendersIn This Video, We Cover:✅ Why Whole Life Insurance Matters – Why specially designed policies with high cash value growth are critical✅ The Power of Uninterrupted Compound Interest – Grow your money without ever interrupting the compounding process✅ Borrowing vs. Withdrawing – How leveraging your policy keeps your cash growing while giving you liquidity✅ Creating a Financial Cycle – How to save, spend, and grow wealth using a rinse-and-repeat system---What Makes Infinite Banking Special?1. Specially Designed Whole Life Policies: Maximizing cash value over death benefit—90%+ of your premiums accessible in the first year.2. Uninterrupted Growth: Your policy grows uninterrupted, even when you borrow against it.3. Flexibility to Use Your Money: Invest in your business, fund personal goals, or cover major expenses.4. Self-Sustaining Cycle: Borrow, repay, and repeat to grow your private “bank.”---What People Get Wrong:- “Why would I pay myself back?” – This mindset misses the whole point. Treat your policy loan like any other loan.- “There’s interest on loans!” – Of course, there is! The benefit is the uninterrupted growth of your cash value while you use the loaned money.This isn’t about cutting corners—it’s about building wealth smarter and staying in control.---Is Infinite Banking Right for You?At Safe Pacific, we’ve spent over a decade helping Canadians discover if Infinite Banking is the right fit for their financial goals. It’s not for everyone, and that’s okay. If we think it’s not a good idea for your situation, we’ll tell you.---Ready to Learn More?Visit [SafePacific.com](https://www.safepacific.com/) to book a consultation. Our team will get back to you within 24 hours (on business days) to chat about your goals and how Infinite Banking could fit into your strategy.---🎥 If you found value in this video, don’t forget to:- Like 👍- Comment 💬- Subscribe ✅- Share 📤 this video with someone who could benefit from taking control of their finances.Set up an Infinite Banking meeting with Canadian experts here: https://safepacific.com/ibc-schedule/Blog: https://safepacific.com/the-6-essential-principles-of-the-infinite-banking-concept-explained/LinkedIn: https://www.linkedin.com/company/safe-pacific-financialInstagram: https://www.instagram.com/safepacific/

Legal & Financial Planning for Business Owners | Safe Pacific Podcast ft. Steve ParrBook a meeting: https://safepacific.com/discovery-schedule/Read the blog: In this episode of the Safe Pacific Podcast, we’re joined by Steve Parr, lawyer, entrepreneur, and founder of Parr Business Law. We dive deep into the legal and financial strategies that business owners can use to build wealth, protect it, and pass it on effectively.This episode is packed with advanced insights on:Corporate structuring (OpCo–HoldCo–Trust)The Lifetime Capital Gains ExemptionEstate freezesDiscretionary family trustsShareholder agreements... and how all of this ties into tax efficiency and long-term succession planning.If you're a Canadian business owner planning for the future, this episode could save you millions in taxes and years of complexity.⏱ Timestamps00:00 – Intro: Why this topic matters04:40 – How legal + financial planning work together05:11 – Steve Parr’s background as a lawyer and entrepreneur06:14 – What Parr Business Law does: Corporate & estate planning07:18 – Lifetime Capital Gains Exemption (LCGE) explained08:55 – How to qualify for the LCGE (3 tests)10:00 – Structuring for tax efficiency with family members11:08 – Why HoldCos don’t qualify for LCGE11:42 – Using preferred shares & family trusts to multiply exemptions12:45 – How to keep cash flowing through a trust to a HoldCo14:25 – Signs it’s time to set up a HoldCo or trust15:29 – The 2-year LCGE clock & why timing matters16:40 – When retained earnings justify more complex planning17:47 – Real-world tax savings through proper structure18:52 – Why LCGE exists: Incentivizing entrepreneurship19:54 – What goes wrong: Clients waiting too long to plan21:00 – Canadian vs. American trust rules22:07 – Estate freezes explained (Section 86 rollover)28:42 – Using life insurance to cover future tax liabilities29:46 – The value of full disclosure to advisors30:50 – The big 3: Will, Power of Attorney, Representation Agreement34:00 – Why people avoid estate planning (and why that’s dangerous)35:34 – The power of having tough conversations early36:37 – Letting the kids "figure it out" = a bad strategy37:42 – Testamentary trusts for minor children39:51 – Business POA vs. personal POA40:25 – Secondary “business will” to avoid probate41:30 – What probate actually means for your company43:06 – Succession will happen—with or without a plan44:45 – Aligning financial and legal tools46:56 – Insurance: the logical next step in the plan48:28 – Why shareholder agreements are critical (4 Ds: death, disability, divorce, disagreement)53:52 – Valuing private company shares55:25 – Why internet templates don’t work for shareholder agreements56:28 – Key provisions to get right (e.g. Capital Dividend Account)58:24 – Final thoughts: Just get started🧠 You’ll LearnHow to structure your business for tax-efficient growthWhen and why to set up a family trust or holding companyHow to protect your family using estate planning & life insuranceWhat to include in a shareholders’ agreement (and why templates can backfire)How to multiply the Lifetime Capital Gains Exemption across your family🎙️ Guest:Steve Parr, Founder of Parr Business Law🌐 https://www.parrbusinesslaw.com📺 Parr Business Law on YouTube📍 Presented by Safe Pacific FinancialWe help Canadian business owners grow and protect wealth through insurance-based strategies and corporate planning.🌐 https://www.safepacific.com📌 Subscribe for more Canadian wealth & business strategies.👍 Like the episode if it helped you — and leave a comment with your thoughts!GET STARTED NEXT STEPS https://safepacific.com/discovery-schedule/SUBSCRIBE https://www.youtube.com/safepacific?sub_confirmation=1INSTAGRAM https://www.instagram.com/safepacific/LINKEDIN https://www.linkedin.com/company/safe-pacific-financial