Pass On More of What You’ve Built
You’ve spent a lifetime building your wealth. Without a plan, a significant portion of it can be lost to taxes, probate fees and delays before it ever reaches your loved ones. In Canada, many assets are treated as sold at death, which can trigger a substantial tax bill on investments, a cottage or a business your family hoped to keep.
The right strategy can help reduce that burden and make the transfer of wealth smoother for your heirs. I work with you, and alongside your lawyer and accountant where needed, to put insurance and investment strategies in place that help preserve your legacy and give your family clarity when they need it most.
Estate Planning Strategies
Every estate is different, and so is every strategy. Here’s how they compare.
Insurance for Estate Taxes
Permanent life insurance can provide tax-free funds exactly when your estate needs them, helping cover the taxes owed on investments, property or a business. Instead of selling assets to pay the tax bill, your family can keep what matters most and pass it down as you intended.
Beneficiary Designations
Naming beneficiaries directly on your life insurance and eligible registered plans can allow those assets to pass outside your estate. That can help reduce probate fees, speed up the transfer to your loved ones and keep the details of your estate private.
Wealth Transfer Strategies
From permanent life insurance with tax-advantaged growth to planned charitable giving, there are many ways to transfer wealth more efficiently. I help you choose the approach that fits your goals, whether that’s supporting your children, your grandchildren or the causes you care about.
Part of a Bigger Picture
Estate Planning That Connects Every Piece
An estate plan only works if every piece is coordinated. Your will, your life insurance, your registered plans and your investments all play a role, and a gap in any one of them can create unnecessary tax or confusion for your heirs.
Because I advise on both insurance and investments, I can make sure your coverage, beneficiary designations and portfolio work together toward the same goal: passing on as much as possible to the people and causes that matter most to you.