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Category: Estate Planning

What the Wealthy Know about Life Insurance

February 13, 2017Estate Planning, Investing, Life InsuranceEric Wachtel

If you have ever thought that life insurance was something you wouldn’t need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals still carry large amounts of insurance.  Consider the…

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The Corporate Estate Transfer

December 6, 2016Corporate Insurance, Estate PlanningEric Wachtel

If you are the owner of a successful company it is likely that you have retained profits or surplus cash in your corporation.  If this is the case, chances are also good that this invested surplus is exposed to a…

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Is there a tax-effective way to hold and distribute assets?

September 8, 2016Corporate Insurance, Estate Planning, Tax PlanningEric Wachtel

Are you a business owner looking to save tax while maximizing the legacy you leave.  Please watch this short video and if you’d like to explore this option, please don’t hesitate to call me at 905-366-3866 Ext. #3228  

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Boomer + Sandwich Generation + Club Sandwich + Boomerang = Financial Instability

September 8, 2016Estate Planning, Life InsuranceEric Wachtel

The Sandwich Generation was a term coined by Dorothy Miller in 1981 to describe adult children who were “sandwiched” between their aging parents and their own maturing children.  There is even a term for those of us who are in…

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Do You Need Individual Life Insurance?

June 13, 2016Employee Benefits Program, Estate Planning, Life InsuranceEric Wachtel

Canadians may need to rethink their risk management In a recent study conducted by the Life Insurance and Market Research Association (LIMRA), it was reported that 61% of Canadians hold some form of life insurance.  Surprisingly, it also revealed that…

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Taxation of Life Insurance – New Rules Offer a Window of Opportunity

March 14, 2016Estate Planning, Life Insurance, Tax PlanningEric Wachtel

Permanent life insurance, such as Whole Life or Universal Life, has long been accepted as a tax efficient way of accumulating cash for future needs.  Soon the amount of funds that can be tax sheltered within a life insurance policy…

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Changes to the Taxation of Estates

November 9, 2015Estate Planning, Tax PlanningEric Wachtel

Estate, trust and tax planners have long favoured testamentary trusts as vehicles to pass along assets to beneficiaries or heirs.   A testamentary trust is generally a trust or estate that is created the day a person dies.  Commonly, these trusts…

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Estate Planning Tips for Real Estate Investors

October 12, 2015Estate Planning, Tax PlanningEric Wachtel

For many Canadians the majority of their wealth is held in personally owned real estate. For most this will be limited to their principal residence, however, investment in recreational and real estate investment property also forms a substantial part of…

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Estate Planning for Blended Families

July 13, 2015Estate PlanningEric Wachtel

 Avoid Disinheriting Your Children In today’s family it is not unusual for spouses to enter the marriage with children from previous relationships.   Parents work hard at getting these children to functionally blend together to create a happy family environment.  Often…

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The Estate Bond

June 8, 2015Estate Planning, Investing, Life InsuranceEric Wachtel

Growing your estate without undue market risk and taxes Often we see older investors shift gears near retirement and beyond.  Many become risk adverse and move their assets into fixed income type investments.  Unfortunately this often results in the assets being…

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