What Is Immediate Finance in Canada?
An immediate financing arrangement (IFA) is an advanced strategy that combines permanent life insurance with borrowing to create both tax efficiency and liquidity.
February 14, 2026
An immediate financing arrangement (IFA) is an advanced strategy that combines permanent life insurance with borrowing to create both tax efficiency and liquidity.
An insured retirement plan (IRP) is a strategy that uses permanent life insurance to create tax-efficient retirement income and a tax-free estate benefit.
In Canada you can borrow against certain types of life insurance, but only if the policy has built up cash value.
A leveraged life insurance strategy involves using a permanent life insurance policy alongside a loan to increase the overall impact of your estate plan.
In Canada, life insurance approval is based largely on health, lifestyle, and financial justification.
Is probate required in Ontario? Whether probate is required depends on the type, value, and ownership of the assets in the deceased’s estate.
Life insurance in Canada can do far more than provide protection, it can become a tax-efficient investment vehicle when structured properly.
Probate is required in Ontario when a financial institution, land registry office, or other authority needs legal proof that a will is valid and that the executor has the right to act on behalf of the estate.
How do family trusts work in Canada? A family trust is a legal structure that lets you move assets such as investments, businesses, or real estate into a separate “container” that you control for the benefit of your family.
Canada doesn’t have an estate tax or inheritance tax. But that doesn’t mean your estate avoids tax. When you pass away, the Canada Revenue Agency (CRA) treats all your assets as if you sold them at fair market value on the day you died. This is called a deemed disposition, and it’s what creates most of the tax owing.