A financial security planning strategy that incorporates the following services & plans can help ensure that money will be available to support and protect your family and/or business interests.

Things to Consider

Life Insurance

• What is your philosophy regarding life insurance?
• What financial formula did you use to determine how much life insurance to buy?
• Do you know the differences between term insurance and permanent life insurance?
• How concerned are you that a chronic illness will threaten your ability to continue to provide for your spouse/family?

• What is your exit strategy from your business?
• If your business had to be sold after your death or disability, could it be sold for a profit?
• Who will own your business when you retire or die?
• Who will control your business when you retire or die?
• Who will run your business when you retire or die?
• Do you want your spouse to have control after your death?

Life Insurances

Participating Life Insurance
This insurance combines permanent life insurance with a tax-advantaged accumulation component. It is built on a foundation of guaranteed values, including guarantees on basic premium, death benefit and basic cash value. Participating life insurance is particularly attractive to clients who:

• Have low to moderate risk tolerance (for at least a portion of their total investment portfolio)
• Don't want to be actively involved in the day-to-day management of the investment component of their life insurance policy
• Are attracted by the historical long-term stability and performance of the rate of return on participating account assets.
• Are looking for a core of guarantees with an opportunity to receive dividends.

Term Insurance
Term life insurance is well suited to meeting high, short-term protection needs for the lowest initial cost. We offer clients the following term solutions: 10 year, 20 year and term to 100.

Universal Life Insurance
This insurance provides permanent life insurance with a tax-advantaged investment component. As your cash values accumulate, you can use it to pay the cost of insurance or, depending on the option you select, to increase the total death benefit. This type of policy is generally non-participating and is attractive for people who want to actively manage their life insurance policy.

Business Tax & Succession Planning

A proper business succession plan can help protect you and your heirs against losses from unexpected illness, death, and taxation. Without a proper succession plan in place a business owner is risking the chance that someone else could decide what happens to their business. We will work alongside you and your other trusted advisors to create a customized Estate Plan that will meet your needs and goals.

If you have questions concerning your Personal Tax and Estate Planning needs, feel free to contact us. 

Business Insurance Services

Business owners purchase insurance to protect their businesses, key partners, themselves and their families from an untimely death or disability. There are numerous areas in which insurance can play a key role in business planning. 

Some of which include:

• Providing immediate tax-free capital to cover potential capital gains owing on transfer of shares to the next generation.
• Funding a buy/sell agreement between business partners in case of untimely death.
• Providing the proper funding to a key employee or business partner in case of death or disability.