Minimize Estate Taxes with Life Insurance

Minimize Estate Taxes with Life Insurance

Taxation of an estate when a person dies can be significant. In some cases, the amount of tax owed can be so severe that part or even all of an estate must be liquidated in order to pay the taxes owing. One way to minimize estate taxes is to leverage life insurance....
Guaranteed Issue Life Insurance:  Who Needs It?

Guaranteed Issue Life Insurance: Who Needs It?

For many Canadians, purchasing life insurance may appear to be a troublesome prospect. People who have health problems or are advancing in age may assume that they do not qualify for life coverage. Also, some Canadians unexpectedly find themselves without coverage...
Applying For Life Insurance in Canada

Applying For Life Insurance in Canada

Why Is Life Insurance Important? Life insurance is an important part of every Canadian’s financial security. Life insurance will ensure that your survivors are not encumbered with your debt, as well as providing them the finances that will enable them to live...
Minimize Estate Taxes with Life Insurance

Wealth Management: Keeping your Family Cottage

This article specifically discusses wealth management from the perspective of cottage owners, especially those who want to keep a cottage in the family. What You Need To Know About Cottages When you pass away assets transferred to your children can result in a capital...
Group Life Insurance: Is It Enough?

Group Life Insurance: Is It Enough?

Employee Benefits and Life Insurance Along with group health insurance, group life insurance is a common benefit that you may receive from your employer. However, it is important to thoroughly investigate whether this coverage is going to be sufficient for your life...