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Cascading Life Insurance
Moolala: Money Made Simple with Bruce Sellery
English - October 05, 2022 11:48 - 10 minutes - 14 MB - ★★★★ - 4 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Supporting High Net-Worth Families
Parents look at life insurance is a way to protect their families financially but there is another wealth transfer strategy parents can consider is getting “whole life insurance policy” on their adult child as a way to save tax. This is called cascading insurance. Michael Dutra, president of Michael Dutra Estate Planning & Insurance, joins us to explain how it works.
Find out more at michaeldutra.ca and connect on LinkedIn.