where wealth becomes legacy

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Bayside Associates provides specialized advisory services across corporate

insurance, tax integration into personal and estate planning, employee benefits

strategy, and access to structured intergenerational wealth management

frameworks generally beyond the scope of conventional high net worth banking

and retail wealth management platforms.

Our work is structured to support business owners at both operational and

generational levels, ensuring that insurance and corporate design function

efficiently within broader planning objectives.

We design and restructure corporately held life insurance policies used to fund buy sell
agreements, protect key employees, and provide liquidity for estate tax obligations. This
includes the analysis and implementation of policies structured to maximize tax efficiency
under Section 12.2 of the Canadian Income Tax Act. We conduct comprehensive audits of
existing insurance contracts to evaluate cost of insurance charges, guarantees, and long
term sustainability. In many cases, advances in product design and underwriting allow
restructuring opportunities that can reduce cost or improve performance, even at older
attained ages.
We provide detailed contract level audits of existing policies to determine whether original
planning objectives remain aligned with current tax law, mortality pricing, and corporate
value. Where appropriate, we present restructuring options designed to improve efficiency,
strengthen guarantees, or enhance long term estate outcomes. Recommendations are
supported by comparative marketplace analysis from financially strong insurers.
We conduct group insurance audits focused on cost control, structural alignment, and
enhanced value for employers. Our review process evaluates benefit design, funding
mechanisms, and long-term sustainability. We assist companies, particularly those with
approximately 35 or more employees, in implementing structured benefit programs that
balance competitive offerings with disciplined financial management. In addition, we
provide individual advisory services that integrate group benefits into overall personal
planning.
Through direct referral relationships with leading private investment counsel firms, we assist
clients in integrating corporate structure with long term wealth transfer strategy. Planning
may include the strategic use of corporate capital that would otherwise be lost to taxation,
redirecting those funds toward structured insurance and investment solutions designed to
enhance intergenerational wealth outcomes. These strategies are implemented with a focus
on tax efficiency, succession continuity, and capital preservation for both family and key
stakeholders.