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Home Posts tagged "Estate planning solutions"

Estate planning solutions

The easiest way to begin Estate Planning

Life insurance without a medical exam – ages 18-85 There are people at all stages of life that, for different reasons, can’t or don’t wish to go through the paramedical process to qualify for life insurance, or are hard to insure due to age or infirmity. Why should you consider No Medical Life Insurance orRead More…

 

Protecting your wealth with life insurance

Who needs life insurance? People with responsibility for others For people who depend on you for support, a spouse, children or dependent adults, life insurance can play a fundamental role in their continued financial well-being.  In addition to making up for the loss of your income, the proceeds from a life insurance policy can beRead More…

 

Segregated funds can provide market growth with security

“Segregated” or Guaranteed Investment Funds (GIFs) can give you the growth potential of investment funds with the security of insurance guarantees. • Guaranteed death benefit –  Your beneficiaries will receive the greater of market value or 75% or 100% of your net contributions tax free when you die, depending on which you choose.  Ideal forRead More…

 

Estate Bond: Immediate estate value, tax-efficient investment

An estate bond is a tax-efficient strategy that gives you a large and immediate estate value.  More than that, it’s a wealth accelerator that allows you to pass on assets to your heirs or shareholders, tax-free.  And it can be used to provide tax-free retirement income. The benefits are many An estate bond gives estateRead More…

 

Five ways to reduce the cost of probate in Ontario

Reduce costs, speed up distribution, and simplify estate administration Probate taxes in Ontario are set at $250 for the first $50,000 ($5 for each $1,000, up to $50,000), and at 1.5% of the estate thereafter. This translates into about a $15,000 fee for every $1 million in value of an estate.  Probate calculator. There areRead More…

 

The Life Insurance Retirement Plan (LIRP)

The objective of a Life Insurance Retirement Plan (LIRP) is to provide investors supplemental retirement income via a life insurance policy featuring market appreciation, re-invested policy dividends, tax-deferred accumulation, and a life insurance death benefit.  Permanent participating whole life insurance is often used as a vehicle for a Life Insurance Retirement Plan. Designed to takeRead More…

 

Seven reasons to have your insurance coverage reviewed

You may be paying too much or for the wrong coverage if you haven’t reviewed your life insurance lately. Here are seven insurance opportunities that could provide you with lower rates, better coverage, benefits you can receive while you are alive, an inheritance for your family, and a lifelong retirement income: 1. As people areRead More…

 

Top 5 reasons why people do not want to bother with Estate Planning

Why don’t people bother with Estate Planning? They are never going to die They love the Canada Revenue Agency They don’t like dealing with professionals They would like other people to argue over their possessions They love the courts getting involved What is Estate Planning? Integrating financial planning into the death scenario to achieve… TheRead More…

 

Why do you need a will?

Hearing that you ought to update your will is a little bit like being told to take up jogging. Everybody knows it’s the right thing to do, but that doesn’t make it any easier to get started. Douglas Gray has made it his mission to do exactly that. The former lawyer left his practice atRead More…

 

Which of these legacy scenarios fits you?

Have you thought about how you’d like to be remembered? We can help you leave a legacy for what matters most to you, while helping you retire with confidence knowing your needs are covered. This 3-minute video offers insight into four possible legacies, and how you can achieve the results you want. Enjoy an active,Read More…