https://cantrustfinancial.ca/wp-content/uploads/2016/08/individualLife1.jpg 150 175 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2016-12-01 11:53:292017-04-05 22:06:25Do You Need Individual Life Insurance?
In a recent study conducted by the Life Insurance and Market Research Association (LIMRA), it was reported that61% of Canadians hold some form of life insurance. Surprisingly, it also revealed that only 38% of Canadians own an individual life insurance contract.
https://cantrustfinancial.ca/wp-content/uploads/2016/08/iStock_000015229388XSmall.jpg 338 355 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2016-08-02 18:57:542017-04-05 22:06:25The Clock is Ticking!
2016 is an opportune year to buy life insurance. New laws affecting the taxation of life insurance come into effect on January 1, 2017. After this date new policies will not perform as well as they do currently.
https://cantrustfinancial.ca/wp-content/uploads/2016/05/iStock_000002116286XSmall.jpg 282 425 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2016-05-01 07:02:102016-07-04 16:56:12Family Business Planning Strategies
67% are at Risk of Succession Failure If you are an owner in a family enterprise, the likelihood of your business successfully transitioning to the next generations is not very good.
https://cantrustfinancial.ca/wp-content/uploads/2016/03/iStock_000006962623Small1.jpg 565 849 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2016-03-01 11:24:102016-07-04 16:55:49Taxation of Life Insurance - New Rules Offer a Window of Opportunity
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 will be…
https://cantrustfinancial.ca/wp-content/uploads/2015/12/iStock_000003675015Small-1.jpg 565 849 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2015-12-14 19:33:542016-04-12 06:10:50The Corporate Extraction Strategy
Transferring a Life Insurance Policy to a Corporation The Corporate Extraction Strategy involves transferring a personally owned life insurance policy to a corporation for its fair market value (FMV). When handled properly, it will result…
https://cantrustfinancial.ca/wp-content/uploads/2015/09/iStock_000012396786XSmall.jpg 282 425 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2015-09-14 11:50:272016-03-31 21:53:19The Best Way to Insure Your Mortgage
If you have a mortgage it makes good sense to insure it. Owning a debt free home is an objective of any sound financial plan. In addition, making sure your mortgage is paid off in the event of your death will benefit your family greatly. The…