Case Study
Client/Challenge:
We were contacted in 2005 for information about Critical Illness Insurance. The first meeting uncovered an urgent need for comprehensive tax planning and estate planning. The husband owned a few life insurance policies purchased many years before, but no one had ever looked at the big picture, complicated by the tax implications for his wife, a U.S. citizen and permanent resident of Canada.
Without WEALTHinsurance®:
His family would have been forced to liquidate a large chunk of the real estate portfolio to pay the taxes.
Outcome:
We structured a solution that included life insurance, wills, powers of attorney, family trusts and tax planning for each of his children. This complex case was examined in detail for an article published at Canada's website for Financial Professionals. Read it HERE