by Munish Mehan | Feb 21, 2024 | Uncategorized
Basics of a Universal Life Insurance Policy Understanding Universal Life Insurance Universal Life (UL) insurance, introduced in the 80s, was crafted as a tax-free investment tool for affluent individuals. Over two decades, it gained popularity for growing wealth and...
by Munish Mehan | Feb 4, 2024 | Uncategorized
In life, it’s crucial to consider the bigger picture rather than a narrow view to make well-informed decisions. This principle extends to planning your financial future, emphasizing the importance of aligning all your financial aspects for comprehensive...
by Munish Mehan | Jun 1, 2023 | Uncategorized
Estate planning is not just about passing on your assets. It’s also about safeguarding them from potential creditors. Unforeseen liabilities can pose a threat to your financial stability and the well-being of your loved ones. To address these concerns,...
by Munish Mehan | Jun 1, 2023 | Uncategorized
Estate distribution is a complex matter, as each individual’s financial situation is unique. The extent to which your wealth passes outside of your estate can be influenced by proactive probate fee planning. The primary instrument for specifying how your assets...
by Munish Mehan | Dec 13, 2022 | Uncategorized
Doctor Jimmy is a single parent, who owns a professional corporation worth FMV of $ 3 million and an ACB of $0. He also has $900,000 in investments worth $3 million. After his death, there could be three layers of taxes. 1. A $3 million capital gain subject to...
by Munish Mehan | Dec 12, 2022 | Uncategorized
Are you ready to take control of your financial future and build a robust retirement plan? Look no further than the Registered Retirement Savings Plan (RRSP), a valuable financial tool designed to empower Canadian taxpayers to save for retirement while enjoying...
