Tax & Estate Planning

Tax & Estate Planning

There are two main goals of tax & estate planning: distribute your assets according to your wishes and minimize tax liabilities. You know what you want your legacy to be and there are several insurance products that can make that vision come true.

Segregated Funds: In a segregated fund policy, you are able to name a beneficiary; this can allow you to bypass probate. Probate can be a time consuming and expensive legal process.

Life Insurance: Life insurance is one of the few assets that transfer to beneficiaries completely tax-free! It can preserve the value of your estate by helping you manage certain costs (like taxes and probate fees) that can chip away at the inheritance you want to leave your heirs.

There are many more strategies to use when it comes to tax & estate planning. Please book an appointment with me to discuss your options.