EP323 The Tax-Smart Exit - Why Employee Ownership Trusts Are Gaining Ground The Cash Rich Exit podcast

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EP323 The Tax-Smart Exit - Why Employee Ownership Trusts Are Gaining Ground

11d ago 20:08

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In part two of this three-part series, Colleen welcomes back Jennifer Williams to explore the financial power behind Employee Ownership Trusts (EOTs). This isn't just a values-based feel-good exit. EOTs now offer significant tax advantages that can rival, and even exceed, traditional business sale routes. From how to qualify for the new $10M lifetime capital gains exemption to why Canada introduced this legislation, Jennifer breaks it all down - plus, the importance of doing it right with guidance from experts.

✨ Key Highlights and Timestamps

🕓 02:35 Why the federal government introduced EOTs in Canada

🕓 06:10 How the $10M capital gains exemption works (vs. the regular $1.25M)

🕓 10:20 What kind of business owners should explore this option now

🕓 13:45 Why most accountants and lawyers don’t yet understand EOTs

🕓 17:30 Risks: Why you shouldn’t just “DIY” this kind of exit

🕓 21:15 How EOTs help employees grow their personal wealth

🕓 25:30 The role of wealth distribution in a healthy society

🕓 28:00 Fun Frank Advice: Don’t let tax drive your decisions - just inform them

👉 Curious how an Employee Ownership Trust could benefit your financial future?

Book a complimentary 1:1 Wealth Gap Analysis with Colleen on LinkedIn or reach out via email to bridge the gap between business success and personal wealth 📩

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100 episodes

#Business #Estate Planning #Podcast Colleen OConnellCampbell #Now What Colleen OConnellCampbell #Wealth Advisor At RBC Dominion Securities