Do you know what a capital dividend is?

If you have a credit to your capital dividend account, you can pay taxfree capital dividends out of your corporation.

In this video, I explain how you can credit your corporation's capital dividend account, allowing for taxfree capital dividends to be paid.

0:00 What are capital dividends?
1:26 Real estate example
3:05 Life insurance example
6:20 Whole life insurance example

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Disclaimer: These videos discuss strategies, concepts, illustrations, general discussion & more. Personal details need to be obtained and a thorough review of all concepts before implementing anything. Please consult the appropriate professional(s) including but not limited to insurance, tax, accounting, legal, health, 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, health, accounting, or any other advice. You should consult your own professionals and advisors before implementing any transaction. Financial Underwriting may be required for any topic discussed.