The founder literally «freezes» growth of such assets as the business, investments or real estate, in effect transferring future growth to the heirs. (moneysense.ca)
Your liability coverage provides protection of your assets and the cost of defending such assets in case you cause damage or injury to others. (compareinsurancesonline.ca)
Short - term gains on such assets are taxed at the ordinary income tax rate. (nerdwallet.com)