…New Lifetime Capital Gains Exemption……..an increase in the max amount……

$800,000 Capital Gains calculator

Part of doing an evaluation of life insurance needs is looking at your tax situation in the event of death. A big part of tax liability can be the result of owning shares in a privately held, incorporated business.  The business for which you worked hard, took risks and where … Continue reading

…stay healthy………some sobering statistics – ages 45-74……

Healthy Apples

There is an old saying…’an apple a day keeps the doctor away’….. I just came across some sobering statistics published by Manulife and  sourced from Statistics Canada. Here are the leading causes of death in 2008 for the following age groups:   You can see how  the cancer and heart … Continue reading

…organizing your life insurance………..

Colorful organizing paper clips

Simplifying your life.  Relaxing.  Looking forward to your future.  Worry free. Knowing where you are right now,what you have, and why you have it will give you peace of mind.  Isn’t it always so much easier when we know exactly how things are.  And why we are doing something. Your life insurance … Continue reading

What is Non Medical Life Insurance

Cup of Delicious Relaxing Tea

#1 in series of posts on Non Medical Life Insurance. I regularly see ads on T.V. talking about ‘Non Medical Life Insurance’  And I think that for many people, this sounds very attractive if you don’t want to pass a medical exam. Is Non Medical Life Insurance right for you?  … Continue reading

A.D.&D. (Accidental Death & Dismemberment) premiums are now a taxable benefit to employees

Morning Sky Beautiful Lake Ontario

Effective January 1, 2013: As a result of the March 2012 Federal budget, Group Accidental Death and Dismemberment benefit premiums are now a taxable benefit to employees, if the premium is paid by the employer. If you are an employer and pay 100% of the group premiums, or are paying the … Continue reading