5 Simple Steps to Multiply Your
Wealth
Corporations Rock! Your Guide to Maximizing Profits
CANTRUST FINANCIAL SERVICES INC.
July 1, 2015
Authored by: SIMON MARPLES
5 Simple Steps to Multiply Your Wealth
Corporations Rock! Your Guide to Maximizing Profits
Learn how to put $100,000s more
cash in your jeans tax free…
5 Simple Steps to Multiply Your Wealth | 7/1/2015
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Drastically reduce your taxes.
Protect your family
Creditor Proof your nest egg
Leave a family Legacy
Cut your employee benefit costs
Reduce employee turnover
Testimonials – What our clients have to say.
Start building your wealth by drastically reduce taxes.
As a successful business owner, you have likely discovered for yourself that TAX IS YOUR #1 EXPENSE.
Have you accepted that this is just an ugly part of life that you can’t do anything about? Well don’t. Did you
know that for over 10 years, we have been teaching business owners and accountants about a little know
section of the Income Tax Act in Canada that provides an exceptional opportunity for prosperous business
owners to transfer hundreds of thousands of dollars out of their corporation into their hands with 60% to
80% tax savings? It’s legal and simple for anyone with a corporation that qualifies.
How, you say? Well there’s a highly proven Universal Life structure in Canada that provides the
opportunity to transfer large amounts of retained earnings from your company, year after year, into a
creditor proof account in your name that has literally left your corporation and grows tax free. We call it a
corporately funded tax free retirement fund. Follow our simple strategy and you can spend it on whatever
you like tax free. What would you spend all this extra cash on? Exotic Vacations? Your favorite sports or
leisure activities? Retiring earlier or creating more wealth? The choice is yours and the options are endless.
And did you know your company can pay for 100% of the life insurance protection your family needs using
the low corporate tax dollars? So stop paying for your personal insurance with after-tax dollars.
If you have a corporation and are a Healthcare Professional, Contractor, Realtor with a PREC, a
Manufacturer, Retailer, Lawyer, Accountant etc, etc.etc, and troubled with the amount of tax you pay, you
will be thrilled with this opportunity to pay about 60%-80% less tax, legally.
CRA has announced that they are changing the rules for insurance policies of this type.
However they have stated they would grandfather any contracts that are in place when
they make this change. Do not delay. The new rules will drastically affect the amount our
can shelter in these contracts. Contact us right away, before the rules change.
5 Simple Steps to Multiply Your Wealth | 7/1/2015
Carry the protection you need. Many people don’t
have the amount of insurance they should have
because it costs too much. So, if insurance was
free, how much would you carry? Chances are
you would have a lot more than you do now. Well
its standard practice for me to assist my clients to
have free insurance, honest. It’s simple. If we saved you $10,000 in tax and your insurance premiums
were $2,000, how much would your insurance actually cost you? This is standard practice in our office
for clients that qualify.
F IGURE 1: 1P ROTECTION AT ITS FINEST
Protect your family for free
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Creditor Proof your nest egg
If you’re like most entrepreneurs today, you take lots of
risk in your business. So don’t take risk with your nest
egg. Business owners should be creditor proofing your
savings. There are simply too many ways for you to lose
your life savings. It could be a law suit, insolvency due to
unexpected circumstances, even Canada Revenue
Agency could have claim to your savings at some point. It
is highly recommended that you use the Segregated
Funds available from the insurance industry to create a
firewall between you and your potential creditors. There’s no sense putting your life savings at risk when
these simple solution are at hand. Insurance companies enjoy special provisions to protect their clients’
money. These unique provisions are out of reach for mutual funds, stocks, bonds etc purchased through
banks and mutual fund companies. Additionally, insurers have some very attractive guarantees built in to
their contracts. You may pay a little bit higher management fee with an insurance company but it is well
worth it when your funds are blocked from being attacked by creditors.
5 Simple Steps to Multiply Your Wealth | 7/1/2015
Leave a family Legacy
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Did you know that a large number of estates have to be liquidated just to pay the tax bill? It’s one of the
best reasons to ensure you have the right type of life insurance protection. The vast majority of people
don’t and have no idea of the devastating consequences it has 30 or 40 years down the road. Here’s the ugly
truth. Most people carry Term Life policies which is fine for coverage today. But what people don’t know is
that less than 3% of term policies ever pay out. Insurance companies make a ton of dough from Term
insurance. This also means that over 97% of people that only have term insurance will die with no
insurance.
Now if you don’t have much net worth 30 years or more down the road then that could be okay, BUT, if
your net worth has grown to $5 - $10,000,000 or more the tax bill is usually quite substantial. It would not
be unusual to see your final tax at 20% to 25% of your net worth other than your principal residence which
currently transfers tax free.
The best option is to carry the right amount of insurance to at least cover the projected tax bill. This is
significant. You would be planning ahead to prevent your estate from having to sell family assets like a
family cabin, buildings, rental properties etc. just to pay the tax bill.
So if you followed our recommendations above, your permanent protection would be in place. You would
spend little to no money out of your pocket to fund CRA’s hefty deemed disposition at death. Isn’t that
amazing?
You have important things you want to accomplish in life.
Our focus is on seeing you and your family experience the
joy of living life to the fullest. We’re committed to saving
business owners a significant amount of tax in order to
provide the protection they need today for the family,
build significant wealth to spend in retirement and ensure
that you preserve your estate and it remains intact so you
can leave a legacy to the people you love most. We simply
don’t know anyone that can show a better way of
accomplishing all these tasks so you can live your dreams
and have what you want.
We call this tax avoidance at its best. We are the only corporate wealth
strategists that focuses on building significant wealth for you through proven tax
saving structures. Contact Simon Marples at CanTrust Financial Services
Inc. to see if you qualify. [email protected] or 604 664-8900
Many people don’t have a good understanding of why their employee benefit costs continue to rise each
year. There are several factors that can come into play but the biggest factors is increasing health and dental
claims. And is should come of no surprise to learn that more often than not, health care costs are a result of
making pour choices about what we eat, drink and how active we are. There’s a ton of stats out there to
prove it.
Want to reduce your costs? It’s simple. Education is the key. Helping employees understand that the vast
majority of premiums is based on claims. Teaching them that the lifestyle choices they make today will drive
premiums tomorrow is a great place to start. Pointing out that making better choices around what we eat
and drink is imperative. Sadly, the default seems to be created by the sea of corporate advertising jam
packed with enticements that suck health out of us. A quote from one of the doctors in the amazing
Food Matter Movie was “If you want to know what’s wrong with health today, look down at your plate,
its starring up at you.” Check it out. It may be in your best interests to send this hyperlink to your
employees and encourage them to watch it. I’d even provide 5 question quiz and give a prize to all the
correct ones that come back. Watch how the lunches transform from burgers and fries to health sandwiches
and salads.
5 Simple Steps to Multiply Your Wealth | 7/1/2015
Chopping employee benefit costs pays healthy dividends
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And if you don’t have Corporate Wellness Program yet, I highly suggest you start one immediately. It’s
an excellent investment of your time and will prove to be an effective step to greatly lowering health risks
and consequently healthcare claims being submitted. I know many employers have heard about these
programs but don’t put the action plans in place to effect the change. Insurance companies make a ton of
money administering your healthcare claims. It’s your money and your choice. Corporate Wellness
Programs are proving to be an excellent solution to reducing health insurance premiums.
Reducing employee turnover
will increase your profits
Employee turnover is massively expensive. Most employers
have no idea of the real costs of having to replace an
employee. I’ve heard it’s often about 50% of their annual
earnings. Ouch, that’s a lot of money to fall off your bottom
line. One of the most effective ways to reduce your
employee turnover is to add an Employee Assistance
Programs (EAP) to your workplace. It’s a very inexpensive way to show your employees you care about
the health and welfare of each of them and their family.
From time to time everyone experiences challenges and stressors. It’s essential to address those concerns in
a timely manner. Having easy access to a program that is designed to help individuals feel and function at
their best ~ is HUGE! Encouraging a strong and healthy workforce supports your company’s profitability –
which deserves serious consideration!
5 Simple Steps to Multiply Your Wealth | 7/1/2015
An EAP can help in such areas as…
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Family Challenges E.g. relationship and marital concerns
Work-related Difficulties E.g. Adjusting to change
Personal Problems E.g. Depression and anxiety
Dependency Concerns E.g. Drug and/or Alcohol concerns
Eldercare E.g. Support in accessing local resources
Financial Struggles E.g. Debt reduction and budgeting
Nutritional Counselling E.g. Weight management
Adding an EAP to your Group Benefit is very easy… simply contact your provider and they will be pleased
to assist in having the program implemented.
See what our clients have to say to their friends?...
Dear Bob
I have something I would like to share with you as my friend that I have been doing in my business. I know it will
benefit you too!
You, as a successful business owner are probably paying a lot more in taxes than you should. I thought I knew about
all the different strategies out there and was very reliant on my accountant to advise me… only to find out that my
accountant did not know everything, and has now adopted this program for his other clients.
The program allows you to take money out of your business tax free by using a very powerful insurance structure that
is in compliance with the income tax act. I have been using it and it has saved me tens of thousands already. In the
next few years it will save me hundreds of thousands in tax dollars.
We work very hard for our money. I want you to learn about this so you can put more money in your pocket. Let
me know if I can do an introduction to the specialized insurance agent who does this for select clients...
Have an amazing week ahead!
You are YOUR Success,
Colin Sprake
CEO & Business Sherpa
Hello Robert:
As someone in my business network, I wanted to share this contact with you…
I am writing this brief introduction letter to you as a fellow colleague (not soliciting and without any
personal incentive) because I think you would appreciate a tax savings strategy that I have used with my
corporation now for several years.
As a business, one of our top expenses is going to be taxes. Simon Marples has helped me save tens of
thousands in taxes, while developing an incredible investment which will basically pay-out like a “pension”
in my retirement - and with huge tax savings.
Personally, I have been very skeptical over the years when people have sent me letters like this. I do my
research, and have my own people I work with. I was very fortunate to have met Simon because he is very
specialized in what he does - not many people have his education in this very specific niche. He speaks and
trains financial advisors, accountants, and lawyers in this field. Simply said - he’s the expert in what he does
5 Simple Steps to Multiply Your Wealth | 7/1/2015
Make YOUR Mark Training & Consulting Inc
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and someone who has helped create financial wealth for me and my family that we will have for the rest of
our lives…
Matt Furlot
5 Simple Steps to Multiply Your Wealth | 7/1/2015
Legacies Health Centre, CEO & Clinic Director
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