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| October 2016 | ||||||
| Ownership structures for life insurance policy-funded buy/sell agreements | ||||||
| Ross Cammalleri, CPA, CA, is a partner at the Vaughan office of Collins Barrow. | ||||||
| In our July 2016 Tax Alert we noted that new income tax legislation will impact the taxation of life insurance policies. Most notably, it will be advantageous, for estate planning purposes, to purchase life insurance before the end of 2016 to maximize the tax benefits associated with current life insurance rules. | ||||||
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