In this podcast, I discuss using your life insurance policy to pay for your personal & corporate income taxes, capital gains taxes, and taxes owed in your estate.

0:00 Overview of video

2:00 Personal and Corporate taxes

3:00 Capital gains tax

4:28 Estate taxes

6:30 How life insurance works

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

https://www.linkedin.com/in/michaeldutra#taxes #lifeinsurance #business #businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance #family

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

What are your biggest cyber risks as a company?

What is your cyber credit score?

What is your daily cyber hygiene?

All of this and more is discussed in this interview with the founder and CEO of Iceberg Cyber and Thecyberscore.com, Michael Bakaic.

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.thecyberscore.com

https://www.linkedin.com/in/michael-bakaic

www.michaeldutra.ca

https://www.linkedin.com/in/michaeldutra

#cyber #cybersecurity #business #businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance #family

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

A fit bit for plants! Never over water or under water your plants again! Hear from the Founder & CEO of EarthOne - Sid Pereira.

From fine potting soil to sphagnum moss, EarthOne’s soil moisture sensor reliably and accurately produces moisture readings over time.

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

https://earthone.io

https://www.linkedin.com/in/sidhanthpereira

www.michaeldutra.ca

#plants #plant #water #business #businessowner #corporation #entrepreneur #entrepreneurship

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

This video breaks down Whole Life Insurance and discusses the death benefit, the cash value, and how to use this insurance during your lifetime for tax-efficient income & capital.

0:00 What is whole life insurance?

1:45 Permanent life insurance

2:08 Cash value

4:12 Borrowing against your policy

5:30 Leveraging your policy for personal use

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

https://www.linkedin.com/in/michaeldutra#wholelifeinsurance #lifeinsurance #business #businessowner #corporation #taxes #insurance #estateplanning #wealth #finance #family

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

What is Critical Illness Insurance? How much do you need? Who needs it?

This short video answers all of these questions and more.

0:00 What is Critical Illness Insurance

0:22 What is covered?

1:21 How much do you need?

2:14 100% return of premium

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

#criticalillness #heartattack #cancer #stroke #lifeinsurance #business #businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance #family

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

Learn how you can receive a tax-free monthly income to the age of 65 if you become injured or sick and cannot work.

0:00 What is Disability Insurance?

0:15 Job A or Job B?

1:05 How much does it cost?

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

#disability #disabilityinsurance #lifeinsurance #business #businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance #family

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

What is Term Insurance? How much do you need? Who needs it?

This short video answers all of these questions and more.

0:00 What is term insurance

1:00 Why would you need term insurance

2:30 How term insurance works

3:15 Term 20

3:40 Term 10

4:40 How much do you need?

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

#term #termlifeinsurance #lifeinsurance #business #businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance #family

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

This unfortunately happens more often than you may think.

There is a very cost-effective solution to this massive problem, and in this short video, I explain how.

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

YouTube: https://www.youtube.com/channel/UCpvujpE0yjPzxzILTSzeRug

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

#businesspartnerships #partnership #business #businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

If you need a large amount of life insurance, but do not want to be out of pocket large insurance premiums, this strategy may be for you.

You can buy the life insurance you need, but get your money back right away, so you can continue to make your own investments.

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

YouTube: https://www.youtube.com/channel/UCpvujpE0yjPzxzILTSzeRug

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

#businessowner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance

Disclaimer: These videos discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.

Your Capital Dividend Account (CDA) can help you accomplish this.

The advice discussed in this video can save you a significant amount of taxes and stress.

Spotify: https://open.spotify.com/show/624XIhnIuWtQ2iyRhrnO9o

YouTube: https://www.youtube.com/channel/UCpvujpE0yjPzxzILTSzeRug

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra

www.michaeldutra.ca

#business owner #corporation #taxes #lifeinsurance #insurance #estateplanning #wealth #finance

Disclaimer: These podcasts discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.