Charles has studied and worked extensively in law and business and is passionate about using his experience and expertise to help clients utilize life insurance funded financial assets to build innovative, secure and tax efficient financial plans to protect their families and retirement dreams. He is based in Vancouver and has been licensed to sell life insurance since June 2020.
His legal practice was focused on tax efficient intergenerational transfers of private and closely held companies that often involved the use of life insurance.
Whether the need is personal, or for a family business, the strategic use of these plans can:
Protect your family, or business, in the circumstances of your sudden death
Facilitate an orderly transition of your personal, or business, assets to the next generation
Fund the ‘buy-out’ or ‘buy-in’ of a financial partner, including a bank
Provide supplemental retirement income for you and your spouse
Provide the cash necessary to payout CRA to secure a quick release of your estate assets
If you have a business, they can also fund:
An independent financial asset for your business’ balance sheet to help facilitate your business banking relations
The accumulation of tax-sheltered investment income using the excess working capital reserves in your business
The funds necessary for your business to make tax free shareholder distributions
Some people even use these plans to fund ‘legacy’ charitable donations
His compass is the Platinum Rule: Do more for others than you would expect them to do for you. Making a useful contribution, adding meaningful value, finding a creative solution for every client situation is essential for him.
Charles has experienced sudden death, disability, and critical illness in his family. He knows how devastating these unexpected circumstances can be and how important it is to have plans in place to protect families and their retirement dreams.
Products and services offered:
Life Insurance | Disability Insurance | Critical Illness Insurance | Disability, Health & Accident Insurance | Business Capitalization Insurance | Partnership Insurance | Business Health Savings Accounts
About me
LLQP certification in addition to LLB and B. Com degrees.
Charles Wills Vancouver address and phone