Blog Articles

Pay Attention to Your Beneficiary Designation

It’s more important than you think

Naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries.

 

Estate – the default choice

Many people choose to name their “estate” as their beneficiary. Although this is an easy short-term solution, it is important to review the risks of doing this. If you are st...

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The Estate Bond

The Estate Bond

Growing your estate without undue market risk and taxes

Often we see older investors shift gears near retirement and beyond.  Many become risk averse and move their assets into fixed income type investments.  Unfortunately this often results in the assets being exposed to higher rates of income tax and lower rates of return – never a good combination.

Or maybe the ol...

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Term

When Elvis Presley died, his estate was worth over $10 million.

Then it went through probate.

“The King’s” estate was left with only $3 million.

After expenses such as appraisal costs, legal fees, executor’s fees, and estate taxes, a whopping 73 per cent of Elvis’ estate was wiped out. Everyone in the world saw his estate valu...

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