The second technical hour on corporate-owned life insurance — the policy in transactions, in shareholders' agreements, in financing, and on the T2. Built from the questions CPAs asked us live.
Certificate of attendance · technical quiz · full slide deck PDF provided
Your last window for 2026 Verifiable CPD hours. The CPD reporting year closes December 31 for CPA Ontario members (other provincial bodies may differ). This is the last live technical session we're running in 2026 — and it's built from the questions you asked at the first one.
Why This Session Exists
Ninety CPAs joined the first session live, and the chat filled with questions that didn't fit a 101: what happens when a policy moves from the opco to the holdco; who gets the money when a 50/50 partner dies and the agreement is silent; what a ten-pay actually looks like on the balance sheet; whether the CDA credit survives the lender being repaid.
The 102 session answers them — cited to the Act, worked on anonymized numbers, in one technical hour. If you missed the first one, no catching up required: the one mechanism everything hangs off gets a two-minute recap, then we go.
The Material
Built from the questions CPAs asked at Life Insurance 101. The detailed agenda and learning objectives are sent to every registrant ahead of the session for their CPD file.
What happens when a corporate-owned policy changes hands — between related corporations, between a corporation and its shareholder, or when the business is sold mid-way through the premium schedule.
How buy-sell funding actually works when a shareholder dies, where the CDA credit lands, and the drafting points an agreement has to settle before anyone needs it.
Collateral assignment and borrowing against a corporate policy — the deductibility provisions that apply, and what the CDA credit looks like at death when a lender is involved.
What sits on the balance sheet, what gets added back on Schedule 1, how the CDA is tracked — and how to read the illustration the advisor sent, column by column.
The six client-file triggers from the first session, re-cut as a year-end review pass you can run through the working papers before you close 2026.
Learning Objectives
Written for your CPD file: five measurable learning objectives, a detailed timed agenda, and full documentation after the session — certificate, attendance log, quiz, and the complete slide deck. The agenda is emailed to every registrant before the session.
Register — FreeThe tax consequences when a corporate-owned policy changes hands — and the provision that governs the transfer.
How a death benefit and its CDA credit flow through a funded buy-sell, and what the shareholders' agreement has to say for it to work.
A collateralized corporate policy end to end — assignment, the deductions that apply, and the CDA credit at death.
A corporate-owned policy correctly on the balance sheet and the T2 — and read the illustration behind it.
The six-trigger client-file review as a December year-end pass.
The detailed agenda with learning objectives is emailed to every registrant before the session.
Your Presenters
Greg leads Dundas Wealth's corporate insurance practice, structuring coordinated tax, wealth, and succession plans for incorporated Canadian business owners — always alongside the client's own CPA. He hosted the first session in this series and brings the practitioner case files: the transfers, the financed policies, and the shareholders' agreements as they actually arrive on a desk. Every provision is cited on the slide so you can verify the material yourself.
A second technical chair is being confirmed for this session. Registrants will be the first to know — and the session runs as scheduled either way, with the same documentation package.
Who It's For
Documentation
1.0 technical hour · may be eligible for Verifiable CPD — members should consult the member regulations.
Issued to live attendees — session date, your name, duration, and Dundas Wealth contact details.
A five-question quiz on the session material, delivered right after — supports your Verifiable CPD self-assessment.
The complete deck as a PDF, with every ITA reference intact — a desk reference you'll actually reuse.
The year-end file-scan checklist, plus our CDA one-pager and the full technical summary for professional advisors — written for CPAs, not consumers.
One technical hour on the corporate files you already have. You'll leave with:
Wednesday, December 2, 2026 — 12:00 to 1:00 PM ET
Free to attend. 1.0 technical hour · may be eligible for Verifiable CPD — members should consult the member regulations.
Know a colleague who'd find this useful? Forward the invitation — each attendee should register individually so their documentation is issued in their own name.
Questions