Financial Planning

Estate Planning – Original documents

Posted on September 27, 2017 by

Have a will prepared by a professional and updated as necessary. Ensure an ORIGINAL copy is available and the location is filed with the BC Wills Registry of the Vital Statistics Agency. If you want your vehicle to be left … Continue reading →

Posted in BLOG, Executor Tips, Financial Planning | Tagged , , | Leave a comment

Corporate Owned Life Insurance

Posted on February 2, 2013 by

A corporation may own life insurance to: -fund a buy/sell agreement -as collateral for a loan -to cover the loss of a key employee -paying tax at death -to cover losses incurred as a result of a key employee or … Continue reading →

Posted in 2013 Canadian Tax Tips, BLOG, Financial Planning, Tax - Corporate | Leave a comment