by Denis Bugeja | Aug 6, 2024 | blog, Estate Planning, Family, financial advice, financial planning
Are you a parent or grandparent interested in transferring wealth to your kids or grandkids in a tax-efficient way without compromising your own financial security? Cascading life insurance could be for you. This approach not only leverages the cost-effectiveness of...
by Denis Bugeja | Jul 1, 2024 | blog, critical illness insurance, disability, Disability Insurance, Estate Planning, Family, Insurance, life insurance, long term care
The Sandwich Generation was a term coined by Dorothy Miller in 1981 to describe adult children who were “sandwiched” between their aging parents and their own maturing children. There is even a term for those of us who are in our 50’s or 60’s with elderly parents,...
by Denis Bugeja | Jun 4, 2024 | blog, Estate Planning, Family, financial advice, financial planning
If you think your heirs are not quite old enough or prepared enough to discuss the wealth they will inherit on your death, you’re not alone. Unfortunately, this way of thinking can leave your beneficiaries in a decision-making vacuum: an unnecessary predicament which...
by Denis Bugeja | Jul 3, 2023 | blog, Estate Planning
Executors often find that the probate process can be both time-consuming and expensive. Planning strategies exist that may eliminate or reduce the requirement of having assets probated. What is probate? Probate is a legal procedure that validates a deceased’s will and...
by Denis Bugeja | Mar 9, 2023 | blog, Business Owners, Estate Planning
In the planning of their estates, most parents might prefer to leave their assets in equal shares to their children. Often, the only complication in this scenario could be how to divide up the family home. For owners of a family business, however, the concept of...
by Denis Bugeja | Nov 1, 2022 | blog, Estate Planning
Prior to the pandemic, the projected deficit for 2020 was estimated to be $20 billion. As a result of Covid-19, the actual deficit in Canada rose to over $300 billion. In 2022, due to pandemic emergency spending being eased the deficit has fallen significantly BUT...
