An Advisor’s Holiday Wish List

It’s that time of year when people make requests of loved ones. I have a list for this holiday season of the people that I care about. 

This is what I am asking for:

1)    All my contacts have updated their Wills and Powers of Attorney in the past 5 years with a lawyer.

2)    Beneficiary designations are checked and cross checked for accuracy.

3)    Parents of small children have life insurance to replace their income and pay off debts.

4)    $100k+ income earners embrace duality – save it once, use it twice.

5)    Self-employed individuals have put a strategy in place to protect their paycheque.

6)    Corporate business owners have a long-term tactical plan in place to move assets tax free through their capital dividend account using an alternative asset class.

The wish list is not long, but it can be overwhelming. If anything on this list causes you to stop in your tracks because you haven’t done it, investigated it or are not even sure what is being referred to, then let’s chat.  Wrapping up 2023 and heading into 2024 should be done so with financial literacy and confidence.

Taivi Tayler, RRC^®, CLU^®

Certified Financial Planner^®

www.taylerinsurance.com