Property Tax Deferment Program
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What if there was a way to defer your property taxes?
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What if the cost to do so (once one qualifies for the low interest loan) was so low that it made sense to consider a way to use those very funds for either:
i) an investment program with greater returns (creating a better use of capital); or
ii) an estate enhancement utilizing optimized permanent life insurance coverage.
Both outcomes often result in a generous surplus above and beyond the outstanding deferred tax and it's reasonable interest costs.
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The surplus is utilized for charities, children, healthcare costs, taxes and estate needs.
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Please note the button for the BC website link ...
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A few summary points to consider are:
- you or your spouse must be 55 or older
- if you qualify, the regular program interest rate is a simple 1.95%
- careful implementation of the program should be well in advance of the time the benefits of the extra cash flow, investment returns or estate enhancement is needed
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We look forward to assisting you in exploring the benefits that are possible with this program.
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