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 | May 1, 2024 | Accountants, blog, Buy Sell, corporate, Family, financial advice, financial planning, incorporated professionals, individuals, Investment, tax
One change proposed in the April 16, 2024 Federal Budget is raising the inclusion rate on capital gains from 50% to 66.7%. For individual taxpayers, the initial $250,000 of capital gains remains taxed at the 50% inclusion rate. However, for corporations and trusts,...
by Denis Bugeja | Nov 1, 2023 | blog, Family, Insurance, life insurance
As a young family, you will be facing a lot of new challenges that you may or may not be prepared for along the way. Whether it’s children, a mortgage, or unexpected expenses that come up, now is the perfect time to start thinking about all the potential pitfalls that...
by Denis Bugeja | Jul 6, 2022 | blog, Estate Planning, Family
Avoid Disinheriting Your ChildrenIn today’s family, it is not unusual for spouses to enter a marriage with children from previous relationships. Parents work hard at getting these children to functionally blend together to create a happy family environment. Often...
