The start of a new year is a good time to stress-test whether your policies still match your situation. By Laura Fitzsimons If you have corporate-owned life insurance in place, you've already addressed something many business owners overlook. But when did you last pressure-test your coverage against your current situation? It's easy to assume that once a policy is in place, the work is done. After all, premiums are being paid, the coverage exists, and it's one less thing to think about. But...

The VUMI Canada Prestige VIP Plan offers global private health insurance for Canadian executives and business owners. Enjoy priority access to diagnostics, world-class care, and tax-efficient corporate benefits worldwide.

A real-life case shows how CRA estate tax can lead to a $660,000 surprise. Discover how estate planning helps Canadian families reduce tax burdens and preserve wealth.