Estate Planning

Estate Planning

We are very passionate about creating proper estate plans for our clients.   Our team welcomes the opportunity to work together with your lawyer and accountant.   By using three professionals together, we can harmonize your estate planning goals to ensure that the pieces fit together correctly.

Investment insurance programs can bypass the Estate Administration Tax (aka “probate”).  This tax is paid by the estate and is based upon the value of the estate.  In Ontario, the tax will be calculated as follows:

  • $5 for each $1,000, or part thereof, of the first $50,000 of the value of the estate, and

  • $15 for each $1,000, or part thereof, of the value of the estate exceeding $50,000.

(Source: https://www.fin.gov.on.ca/en/tax/eat/faq.html#Q1)

A common misconception and a regular recommendation by some financial services personnel is that setting up an account on a joint basis will avoid the Estate Administration Tax.  That could be true in some cases, but definitely not all.  Let’s get together to discuss your wishes and how you want to transfer your assets to your heirs, and how to avoid unnecessary tax.  


Wealth Management & Investing

Guaranteed Investment Funds are unique in that they offer the growth potential of mutual funds combined with the security of a principal guarantee. Therefore, regardless as to what happens in the markets, you can sleep well at night knowing that your assets are well invested and well protected.

Wealth Management & Investing

You work hard now to save for your future. You’re investing wisely and putting away as much as you can. But…you’re concerned with volatility and other external influencers like political change and interest rates that can ultimately impact your savings.

Grow, protect and preserve your retirement savings, tax free account, children’s educational plan or non-registered/corporate account with a Guaranteed Investment Fund.  

It’s time to make an investment decision that will lessen your fears and increase your confidence.

Income for Life - Guaranteed Annuities

Annuities can create stable and predictable income for life. In retirement you should do what you want, be it spending time with family or embarking on your wildest travel adventures, playing golf and taking an art class.  

Annuity payouts are long term, therefore the interest rates are typically higher than the one-to-five year posted rate. With interest rates expected to increase in Canada, investigating how an annuity can work for you might be a surprising solution to your current retirement cash flow need.

Income For Life - Annuities

Having reliable and predictable income for life is extremely important for many Canadians aged 55 and older. Most of us want a secure and comfortable retirement with a guaranteed income stream that we can rely on throughout our lifetime. If you desire financial security and do not want to worry about the stock market and are seeking a better option than current GIC interest rates, investigate what an annuity can do for you.  

Annuities are for those that:

  • Want predictable income for life

  • Are tired of stock market volatility and desire simplicity

  • Are concerned they will outlive their savings

  • Wonder how to provide for themselves and their spouse

  • Want to transfer their income stream to a beneficiary

  • Have a financial dependent to care for

  • Like the idea of a GIC but want a better interest rate

  • Want to bridge their income before the pension starts

  • Want to enhance pension income

  • Need an income stream and want to avoid dipping into assets earmarked for beneficiaries


Charitable Giving

Charitable Giving

Did you know that you can donate a life insurance policy to your favourite charity? This could be a tax deduction for high income earners now and in the future.