The Advantages of Corporate Owned Life Insurance are discussed.

When it comes to purchasing insurance, many self employed consultants are confused as to how they should cover off their risks. 

Are you paying too much tax?  Have you considered making your mortgage tax deductible? 

How to choose a financial advisor?

If you speak with most people, you will find they have an accountant a lawyer and a family physician. There is one more advisor that they count in on their team and that is a financial advisor. Infact, this is probably one of the more important relationships that one will maintain throughout one�s lifetime.

Yet, if a financial advisor�s role is so important, how does one go about choosing a person for this role?

What is an Income Trust?

An income trust is a trust that owns businesses in order to pay most of the profits and cash to investors � generally monthly or quarterly. Traditional businesses keep most of their profits in order to expand their business. In contrast, income trust companies buy businesses and manage them with the goal of giving most of the profits and cash to investors. Units of income trust companies are traded like equities on major stock exchanges.

Since it's back to school for most of the kids, it would seem this edition of should concentrate on the financial planning aspects of education funding. But we thought you\\\\\\\\\\\\\\\\'d be a little more self absorbed and concerned, namely, about your own retirement planning prospects. So, this article will Individual Pension Plans.

Many of you have read stories of people who have elected to travel to another country for access to medical treatment not otherwise available in Canada, and have heard the staggering costs associated with these decisions. Others may have read of families renovating homes to accommodate their loved ones suffering from serious illnesses. Not only have these families endured life-threatening illnesses but also significant financial costs.

Here are some ideas to increase your wealth and reduce your taxes.

Though you may only meet a few times a year with your financial advisor, there are a number of steps that can be taken throughout the year to improve your financial well-being. This handy calendar contains tax and planning tips that can help you save money year-round. Please feel free to contact me at the number above if you wish to discuss any of these strategies in greater detail.

Many people believe that trusts are only for the very wealthy, but that\'s not the case. All of us make financial commitments during our lifetime that we want to see continued. A trust can provide the control needed to ensure that these commitments to the financial security of others last a very long time.

Here are some questions to ask yourself to help decide whether you need a trust: