Bright ideas.

Let’s look at probate fees, which are a type of tax (or fee) levied provincially on accumulated assets at death.

Juvenile insurance is not restricted to a post-secondary education like an RESP.

As with any business strategy, there are important considerations to take into account when purchasing corporate-owned insurance.

like anything else in life, there are a few caveats to consider.

A holding company can be incorporated and act as the owner of the life insurance policy.

The world is full of uncertainty, and many of us turn to life insurance to provide a safety net for our loved ones and ourselves.

During these unprecedented times, the value of your business or other assets may have dropped 10%, 20%, 30% or more.

One of the key considerations is what the deemed ‘value’ will be of the transfer and whether that will result in a taxable gain of any kind.

So, where do you start and what do you need to know in order to protect you and your family?

It is now illegal for insurance providers to use or require genetic test information.

Don’t forget to ask this one critical question.

Unlike other registered plans and assets that do not have the same level of defence, life insurance is protected.