Your Estate

Every comprehensive financial plan for individuals and business owners should include an estate plan. To this end, we work with our Financial Security advisor who can assist with estate planning issues while taking into consideration to the tax aspect of transferring wealth to your heirs. Here are our primary areas of involvement:

• A well planned and up-to-date Will.
• Estate freeze for operating or holding corporations.
• Use of testamentary trust and discretionary inter-vivo-trust.
• Charitable donation to your favorite charity.
• Equitable distribution amongst your heirs.
• Income protection.
• Assessing the cost of settling your estate.
• Evaluate your business financial needs in case of long-term disability.
• Unbiased second advice on your insurance contracts and strategic thinking.
• Help you find insurance solutions, such as life, key person protection and disability insurance, that best meet your needs, giving you piece of mind knowing that you have taken steps to protect your income and business.

Interesting Reading

Estate Planning and Wealth Preservation

Capital Gains Protection

Will Planning to Meet Your Estate Needs

Benefits of Working with an Estate Planning Specialist

Executor Duties

Financial Planning

• Defines your investment knowledge, your risk tolerance level, your investment time horizon and goals.  The resulting investor profile allows us to recommend an appropriate assist allocation and portfolio structure.
• Includes tax planning issues related to your overall financial situation.
• Determines your retirement lifestyle needs, projected income from your investment (annuities, minimum RRIF withdrawal etc.), and allows us to implement a strategy to optimize the results.
• Defines your survivor and estate capital needs and helps you structure your asset allocation accordingly.

Interesting Reading

Financial & Estate Planning Checklist

Canadian Retirement Pension System

Creating Retirement Income

Early Retirement Strategies