Insurance Planning
Insurance is often thought of as an optional extra in the area of personal and business finance – a “nice to have” which can offer protection if things go wrong but certainly not as an important asset in its own right. However, it’s true to say that intelligent insurance planning is a strategy which can protect the vital asset of your ability to earn an income – perhaps the most important asset that you have.
How To Use Insurance To Provide Your Family With Financial Protection
The best way to provide your family with financial protection is with solid insurance planning. These three types of insurance will ensure your family has the financial resources they need if you die, are injured, or become ill:
– Life insurance.
– Critical illness insurance.
– Disability insurance.
Getting the best from a financial advisor
Working with a professional to help you to make sense of your finances can be a wise move, but for this relationship to work effectively it is important that you understand what to expect from your financial advisor.
Estate Planning for Young Families
Having a family is a blessing and can also bring a lot of worry. A lot of this worry can stem from not being prepared for a disaster like if something were to happen to you or your spouse.
We’ve put together an infographic checklist that can help you get started on this. We know this can be a difficult conversation so we’re here to help and provide guidance.
Cancer-stricken Edmonton family devastated by treatment delays
Athletic at age 41, a project manager for a real estate investment company and busy dad of three — a non-smoker and non-drinker — Steve Wong was a healthy guy, as far as he knew. A diagnosis of gastric cancer on May 2, and delays in seeing a medical oncologist, have...
Easy Exit: Business Succession in a Nutshell
Getting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.
Marie Dean Named 2023 Volunteer of the Year by Advocis
I am deeply honoured to be named the 2023 Volunteer of the Year for the Alberta Region by Advocis. This recognition is a testament to the collective efforts of my colleagues, family, and the Advocis community. I am grateful for the opportunities to give back and make a difference in the financial planning profession. Thank you for this incredible honour.
Disablity Insurance Needs Calculator
This calculator will help you to consider many of the financial consequences of serious illness that aren’t covered by your medical and disability plans. Try this calculator to see if you might face a shortfall in your finances were you ever faced with a serious illness for a few months or more, then let’s talk about other options that may help strengthen your insurance safety net and help secure your financial future.
Don’t lose all your hard-earned money to taxes
It’s essential to manage your tax planning properly – both while you are living and for after your death. You want as much of your money as possible to go to your beneficiaries, not the government. Our article contains three tips to help you do that:
1. Learn how to make the most of the lifetime capital gains exemption.
2. Figure out ways to decrease your end-of-life tax bill.
3. Look into Immediate Financing Arrangements.
Critical Illness Insurance Needs Calculator
This calculator will help you to consider many of the financial consequences of serious illness that aren’t covered by your medical and disability plans. Try this calculator to see if you might face a shortfall in your finances were you ever faced with a serious illness for a few months or more, then let’s talk about other options that may help strengthen your insurance safety net and help secure your financial future.