Risk Management

Have you ever heard of an Immediate Financing Arrangement?

Do any of the below resonate with you? I hold traditional investments inside my holding/operating company I am looking to diversify my holdings towards an alternative tax advantaged asset class I want to increase the internal rate of return on my estate plan. I want to maximize the Capital Dividend Account balance (corporate IFA). I…

Protection from a major health event and a little forced savings for your healthy future self

Protection from a major health event and a little forced savings for your healthy future self. One of the unique features in the Canadian living benefit insurance market is the ability to receive all your premiums back if you don’t claim on the contract. Did you know? With this product, you get a cheque from…

Should you have your mortgage insurance with your lender?

When taking out a mortgage with a lending institution you should cover off that debt with an insurance policy. Not all coverage options are created equal. Let’s look at the highlights of the two options available to you. Individually OwnedTerm Life Insurance Mortgage Insurancefrom lender Control You own the coverage and choose who receives the…

Generational Wealth Transfer- Using permanent insurance

You already have excess wealth that you plan to pass on to the next two generations. You want them taken care of financially and have likely earmarked a portion of your investment portfolio for them.One issue that arises is that all non-registered investment growth is eroded by taxation. A tax-free permanent insurance policy can make…

Why/When to own Corporate Owned Permanent Insurance

When should you consider Participating Whole Life Insurance inside your Corporation? You’re a significant shareholder in a Canadian Controlled Private Corporation Age 40+ and healthy The corporation has excess annual cash flow and/or investment assets not needed for business purposes. Typically, been in business for at least 5 years. Want to maximize your estate and…

Protecting Your Retirement Income from an Unforeseen Health Risk

We know most people will make it to retirement without suffering a major illness but if you are one of the unlucky ones, what happens now? Would you forego 1% of your annual rate of return to eliminate this risk? Sure, you could use your savings or take out a loan to cover the unexpected…

The Five Big Questions You Need to Ask About Your Workplace Disability Insurance Coverage

Once you understand the kind of coverage you have in place, and coverage that you may want, you’ll be in a better position to make an informed choice about whether or not to add to your existing coverage. By Alexandra Macqueen, CFP® RBC insurance You need your pay cheque to pay your bills, do your…

Cap Taxes with an Estate Freeze

Ease the tax burden on you, your family and your business with an estate freeze What is an estate freeze? Though the term may sound sophisticated, an estate freeze is a commonly available technique that is used to defer the tax on the future growth of your assets by passing all future growth to the…

Hey Gen X…let us help you grow and protect your wealth

Being sandwiched between Boomers and Millennials, you, as a proud Generation Xer might feel like you are the forgotten generation. Although you may be smaller in numbers than your generational counterparts, that doesn’t mean that you’re not mighty. Currently making up 30.7% of the Canadian labour force,1 Gen X has above average household incomes—on average over…

What is your most valuable asset?

Wouldn’t it make sense to insure your most valuable asset?

Risk Management

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