I can help you with your financial and estate planning needs to ensure your loved ones are cared for today and in the future.
It's the kind of preferential treatment you want. Life insurance that benefits both you and your business. Life insurance can protect...
I recommend a portfolio of segregated funds and/or insurance annuities to meet your investment and retirement needs...
Rather than taking commissions, fully disclosed fees paid by clients eliminates bias. This allows me to choose the most suitable investment...
Marco has extensive experience in meeting the insurance and wealth management needs of individuals and private companies. For over 13 years, Marco worked in public practice as a Chartered Professional Accountant (CPA, CA) and a Certified Financial Planner (CFP), where he gained considerable experience in providing financial, tax and estate planning services to his clients. He is also a Trust and Estate Practioner and a member of STEP Canada
This unique combination of experience allows Marco to offer you a well-rounded, professional and understandable plan to meet your financial planning, insurance, and investments.
There are certain circumstances, however, where a portion of the premiums payable for a permanent life insurance policy may become deductible for tax purposes. This is reserved for specific situations where the permanent life insurance policy is used as collateral to secure a business or investment purpose loan from certain financial institutions.
If you were told you could buy an investment that could grow tax-free, that could be used during your lifetime to acquire other investments without impacting its own growth, and that could help you both now, at retirement and on death with significant tax savings, would you be interested?
That is exactly what those who invest in permanent life insurance are experiencing today. People who have accumulated significant wealth are ...
The Strong Foundation of Insurance
Building a financial plan is tantamount to building a financial house, and a strong foundation is key to withstanding the huffing and puffing of life’s uncertainties. When building a strong and secure financial home, having the right insurance is the solid foundation. Without it, you’ve essentially built a house of sticks and straw.
The Three D’s
Lately, I have receiving a number of calls expressing concerns about a possible future recession. To be clear, I’m not attempting to predict a recession. But with the “recession” word being used often on newscasts, I’m finding myself offering advice to those concerned. My general advice is not too different from the advice I give to anyone who is concerned with their future financial stability. The truth is that the future is never certain. Unforeseen layoffs, health issues ...
Having C.I. coverage has obvious benefits. If you are diagnosed with one of over 20 different types of insurable C.I., a tax-free lump sum payment can be paid to cover lost wages, ongoing family or business expenses, or additional expense centered around your treatment. The coverage can greatly benefit your loved ones and your business stakeholders, especially if you are the primary income earner or key person to your business. This makes good sense.
We have had many clients who are interested in leaving a large gift to their favorite charity. Traditionally, their preference has been to plan a larger legacy gift through their Estate by way of their Will. However, many professional advisors in this space have found that chartable gifts by Will are fraught with complications due to recent tax changes and family law applications. Alternatively, more and more are reviewing and recommending the use of permanent life insurance ...
In some cases, in order to complete your insurance pre-screening process, a paramedical may be sent to complete a blood and urine test. While we understand that the word ‘paramedical’ may have some negative connotations, the truth is that the process is relatively innocuous, simple and no cause for concern. In most cases, the paramedicals will even visit you are your home or office, making the process as pragmatic and convenient as possible.
There are several reasons why people want to use their life insurance more strategically. Some want to protect a dependent; others may owe money, personally or through their business, and want to use their life insurance as an asset (IFA). While these are good strategies, before you can move ahead with them, you have to go through the life insurance underwriting process.
My neighbour used to pride himself on being handy when it came to working on his car. He would eschew the professionally trained auto mechanics and spend hours in his garage “fixing” his beloved BMW–until it caught on fire and burned up in the parking lot of Safeway. The point of this rather dramatic anecdote? Sometimes a little knowledge can be a dangerous thing. This applies to corporate estate plans.
In most cases one has very little control over what happens after death; however, from a financial standpoint, there are certain actions you can take now that will help control what happens to your assets after passing, lift potential burdens from your family and loved ones and, most importantly, keep the CRA from becoming one of your heirs.
We know you care about your loved ones and having a succession plan in place is important to you; however, at this stage in your life and career, you don’t necessarily want to put money away now, knowing that you’ll never get to touch it again...
When I ask people if they invest in their business, invariably, most contend that they do. However, beyond the more traditional forms of investment, what they’re not always aware of is that there are other beneficial investment strategies to explore...
I’m often approached by shareholders asking me about succession strategies. It’s a great question. When I ask them what they have in place legally to transition their assets or corporate shares, they usually know there’s....
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If the Federal Government removes the Pipeline Method, having corporately held insurance will allow capital gains to be taxed at a lower rate. Now more than ever, corporately held insurance is a sound financial move.
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There’s no way to paint a pretty picture to help people understand the necessities of buying life insurance. The important thing to understand is that you don’t buy life insurance for yourself...
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