The Lengvari organization, founded by George Lengvari Sr. over 50 years ago has always been at the forefront of providing creative solutions for the most effective use of life insurance products in Canada.
Before emigrating to Canada in 1951, with his wife and family, he had already completed a Ph.D. in Political Science at the University of Budapest and a law degree from Eötvös Loránd University. He was a keen athlete, setting a Canadian swimming record in the 200-metre relay when he was 82.
In a career that spanned over half a century, he lectured on life insurance at numerous universities as well as the Estate Planning course of the Canadian Institute of Chartered Accountants. George was a contributor to major legislative changes to the taxation of life insurance, including the introduction of the Exempt rules in 1982. He was also president of the Chartered Life Underwriters of Montreal and a director of the Estate Planning Council of Montreal.
After 96 years of achieving so much in life, George Lengvari passed away March 23, 2012.
"I started to work with George Lengvari in 1996, and I had no idea how working with this man was going to change my perspective on the insurance industry. He was the grandfather of life insurance and working with him until he passed away in 2012, I realized that there was a way to think about the use of insurance that was unique." - John
John joined the Lengvari organization in 1996 and is President/CEO of Lengvari & Associates. He is responsible for the development and implementation of advanced tax planning techniques using life insurance and annuities across Canada.
John is a recognized authority on the advanced use of life insurance within private corporations. In his role, he provides technical and sales support to advisors on complex insurance cases. His expertise supports clients in efficiently funding estate obligations upon death, Buy-Sell agreements, Key Person insurance and full cost recovery for Corporate Charitable Giving plans. John looks at problems from the client's perspective and is constantly improving the life insurance buying process - to not only be cost-effective, but to maximize the way the Income Tax Act treats life insurance.
In his spare time, John enjoys playing an energetic game of squash, as well as painting and gardening at his North Vancouver home.