News and resources for Canada's top financial advisors
Life
The recent spotlight on financial products hasn’t been limited to complex mortgage-backed products. Insurance-based products have had their share of recent attention, especially when it comes to beneficiary designations. Several court cases involving beneficiary designation disputes underscore the importance of reviewing these designations and ensuring that they are up-to-date and in accordance with a client’s […]
By David Wm. Brown |June 29, 2010
9 min read
There’s a relatively new product out there for pension plans and high net worth investors seeking stable returns with relatively low volatility. But it comes with a hitch—it’s about cashing in on death. In the U.S., at least, there is a growing industry in life settlements. Older policyholders may decide that, after years of paying […]
By Scot Blythe |June 25, 2010
3 min read
Living Benefits
June 21, 2010
Picture this: You have a client – 10 years away from retirement – who comes to you for retirement advice. You spend several hours, maybe a full day with him, going over many different retirement scenarios. At the end of this exercise, you prepare a plan that is as thick as a phone book. In […]
By Jim Otar |June 8, 2010
Although the first detailed description of obstructive sleep apnea (OSA) only appeared in the 1960s, its characteristics were described well before this in the works of Shakespeare and Dickens. The best known of these descriptions is Dickens’ portrayal of Joe, the sleepy fat servant boy of The Pickwick Papers (1837). ‘Fat Joe’ had such excessive […]
By Carmela Tedesco |June 3, 2010
6 min read
My wife is a legal assistant for an estate lawyer. Regularly, she gets involved in settling estates for their most senior clients who have left behind hundreds of thousands, if not millions, of dollars. Once involved in a case, she soon becomes familiar with the estate. More often than not, she discovers the deceased was […]
By Casey Cerson |May 31, 2010
4 min read
By Carmela Tedesco |May 13, 2010
IT Entrepreneurs and consultants need life insurance like anyone else. The question often gets asked whether or not a life insurance policy should be owned individually or by the corporation. Let’s take the example of Jim Smith, software entrepreneur. Jim is self employed and is the proud owner of Zenith Consulting Inc. Zenith is an […]
By John Klotz |May 11, 2010
5 min read
Just how do you write a will so that everyone will be happy? When it comes to leaving your estate to a blended family, this task becomes especially tricky. In a blended family situation, you or your new spouse may have children from a previous marriage. You may have children together. And for some families, […]
By Mike George |May 11, 2010
During any discussion regarding life insurance, advisors should be seeking the answer to two key questions: While both questions are important, the answer to the first usually determines the response to the second. Most of our clients need lots of coverage. This means the use of permanent insurance – which costs significantly more than temporary […]
By Bruce Cumming |April 26, 2010
7 min read
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