Control and Compound with Darren Mitchell
What Happens to My Business When I Die? | RRSPs, Capital Gains, and Corporate Real Estate
19 May 2025
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, we're asking a question that a lot of us don't want to ask: "What happens to my business when I die?" And more importantly, what do you need to know about death and taxes in Canada when it comes to your business. Darren and Christina break it all down including RRSPs, capital gains, corporate real estate, and of course utilizing life insurance in your tax planning. They also go through a great real world example and finish with a quick summary of how the Rockefeller Method works. Tune in now! Show notes: 00:00 - Introduction 1:20 - Understanding death and taxes in Canada 7:15 - RRSPs and capital gains 9:50 - Corporate real estate 12:05 - Life insurance as part of tax planning 16:20 - Example of an entrepreneur who started a business from scratch and after 20-30 years, the business is worth 10 million and the entrepreneur passes away… what happens next? 25:30 - Non-tax considerations 30:20 - The Rockefeller Method BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
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