Insurance Planning
Protecting your wealth.
Strategies for families and individuals.
Like most Canadians, you want to be free of financial worry. That means knowing you will have enough money to live comfortably in retirement and potentially leave something for your family in your estate.
Unfortunately, without proper planning, the value of your assets could be reduced by a hefty tax bill. Upon passing, registered assets, as well as gains on non-registered investments and property, will be included in your income in the year of death, increasing the value of your assets you hope to pass on, and in turn increasing the tax bill.
An effective solution.
There are strategies using life insurance to help your family when the time comes to settle your final tax bill. Once integrated into your overall financial plan, these strategies will help to protect the value of your assets and provide your heirs with the funds necessary to pay the taxes due when you pass away, all for just a fraction of the potential tax bill.
Whether your needs are simple or complex, there is a solution for you. The Simpson Wealth Management Group will analyze your situation, determine your needs and implement a strategy that is right for you.
For more information, discover our Life Insurance 101 Guide.
Corporate solutions.
Every day, you make crucial business decisions affecting the financial health of your business organization. And you know how important it is to have the best possible services and products to help effectively manage your finances. Making the right financial decisions is a big responsibility – and the Simpson Wealth Management Group can help.
Some of the best opportunities for small corporations, including holding companies, come from using tax-exempt life insurance. An important part of preparing your business for continued success is to prepare it for the unexpected. The Simpson Wealth Management Group can provide you with access to a vast array of products and business protection strategies geared towards your corporate needs. For more information, discover our Corporate Life Insurance Ownership Guide.
For more information, please contact us.