by DEAN Financial | Nov 2, 2023 | Blog, critical illness insurance, financial advice, financial planning, individuals, insurance
Banks know that the financial weight of a mortgage can scare people into thinking about what happens if they die suddenly, or develop a health condition that prevents them from working. That’s why they make this sales pitch to their mortgage customers: Buy our life,...
by DEAN Financial | Oct 31, 2023 | Blog, business owners, financial advice, financial planning, insurance, investment, Professionals
One of the financial planning issues that business owners face is how to access their corporate earnings in a tax efficient way.There are 5 standard methods:SalaryDividendShareholder LoansTransfer Personal AssetsIncome SplittingThere are also unique ways utilizing...
by DEAN Financial | Jul 31, 2023 | Blog, financial advice, financial planning, incorporated professionals, insurance, investment, Professionals
Financial advice for incorporated professionals is often two-sided- advice for the practice and personal financial advice. A few things to keep in mind for professionals are:Professionals are typically in the highest income tax bracket, therefore incorporating...