In February, Canada's federal government released the Budget 2018, outlining the Liberal administration's economic agenda for the year. While this year's budget focused mainly on providing incentives for Canada's growing middle class, it also contained a number of changes that directly affect...
Read PostYou may not drive a race car, but you should still consider life insurance …
Since her early twenties, Danica Patrick has driven a racecar for a living; she is the most successful woman in the history of American racing and became the first female NASCAR driver to win a NASCAR Sprint Cup Series. It’s a risky profession and she’s chosen to manage the risk, in part, with...
Read PostCreative Compensation Agreement
University of Michigan and football coach, Jim Harbaugh, recently agreed to a very innovative contract amendment that we wanted to share, as it highlights yet another way you can use life insurance creatively ... as a tax-free form of compensation. In addition to paying him $5 million in salary,...
Read PostWhy I Invested in Life Insurance and How I Use It …
I often get asked by clients if I have life insurance on myself. When you look at life insurance as an asset class (not just a death benefit) and consider the tax and investments benefits, it’s a financial tool I strongly believe in, which is why I invest $42,000 in annual premiums into...
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