When it comes to life insurance, the process can be a little daunting, especially for those clients that don’t know what to expect. Needs analysis, the application and underwriting process, payment options… it’s a lot.
Watch this video, then share it with your clients to help them understand the process of purchasing life insurance. Continue reading “SMART TALK… about your insurance options”
SHARE the client article from The Link Between:
SMART TALK… about your insurance options
You know how tumultuous life can get and insurance exists to provide peace of mind during the toughest of moments. If your client is faced with an unexpected illness, disability or even death, insurance can provide options to cover ongoing expenses or help to build and protect assets that can be passed on to heirs.
Watch this video, then share it with your clients to illustrate the many benefits of life insurance. Continue reading “SMART TALK… about insurance”
SHARE the client article from The Link Between:
SMART TALK… about insurance
Investors are frequently instructed to own a well diversified portfolio in accordance with their risk tolerance and hold it through all market conditions until their situation changes or they are facing a life event. This is all well and true, but for investors entering their retirement years, generating a high return, while important, is only one factor which ultimately influences how long their savings will last. Another important factor is the order in which returns are earned. To put it simply, regular withdrawals diminish the dollar value of a portfolio, and it is precisely this dollar value upon which future returns are compounded. In fact, experiencing negative returns early on can result in running out of savings much sooner than if the portfolio experienced positive returns at the outset. Continue reading “What is Sequence of Returns Risk and How Does it Affect Your Client?”
SHARE the client article from The Link Between:
What is Sequence of Returns Risk?
We live in a new world – COVID-19 has forced many of us to think about how we connect with others and find new ways to engage with family, friends, co-workers and clients. Undeniably, the digital era is now upon us and finding success may be the difference between embracing technology versus thwarting it.
As an advisor, it’s crucial for you to have and maintain an active online presence in order to promote your business and showcase who you are and what you stand for. But how do you build the RIGHT network of followers – that ideal group of clients who are interested in what you have to offer and are willing to engage with you? Here are a few guiding principles to keep in mind: Continue reading “How to Build Your Online Social Network”
SHARE the client article from The Link Between:
How to Build a Strong Social Media Network
It’s certainly important to have financial objectives in mind. But just like sports, your client needs to understand where those goal posts are in order to score those important financial goals.
Take a moment today to share this Savings to Reach a Goal Calculator with your client and help them get started with a game plan to score those triumphant financial goals! Continue reading “Savings to Reach a Goal Calculator”
SHARE the client article from The Link Between:
Savings to Reach a Goal Calculator
When you or your client are selecting an executor (or liquidator in Quebec), or when your client is deciding whether to act as an executor or liquidator, it is important to consider the duties and responsibilities that this would entail, and whether you or the person you are considering have the ability and desire to perform the functions. This decision gets more complicated where the assets in question include business assets or assets in other jurisdictions.
Beyond having the administrative duties that will be discussed below, an executor is a fiduciary who has moral and ethical duties to act honestly, reasonably and in the best interests of the beneficiaries. The executor holds the estate “in trust” for the beneficiaries and must be impartial, avoid conflict of interests, not comingle estate property with their own, or use estate property personally. An executor is typically expected to complete the administration of the estate within one year (often called the “executor’s year”), but this may not be possible for complex estates or estates subject to litigation. Continue reading “Duties of an Executor – What Your Client Should Consider”
SHARE the client article from The Link Between:
An Executor Checklist – A Few Things to Consider
Just like we purge our cupboards and closets during Spring cleaning to make our day-to-day life more manageable, your client can now organize their debt in a way that makes their monthly budget far more manageable.
So, go on and share this Debt Consolidation Calculator with your clients and help them pave the way to financial security and freedom. Continue reading “Debt Consolidation Calculator”
SHARE the client article from The Link Between:
Debt Consolidation Calculator
All life insurance plans start with the same basic precept. Your client policyholder pays a premium in exchange for a tax-free lump sum benefit that’s payable to their selected beneficiaries upon their death. But there’s more! Because life insurance enjoys favourable tax treatment under the Income Tax Act1, it’s a valuable financial instrument that can do more than just pay a lump sum death benefit. Most Insurers design plans that offer features and benefits — added value for consumers that comes at a premium.
We’ve made it simple for your prospects and clients to check out the basic life insurance options with a new tool, Exploring Your Life Insurance Options. Be sure to share it with them to enhance your next conversation about the option that’s best for their circumstances. Continue reading “Exploring Your Client’s Life Insurance Options”
SHARE the client article from The Link Between:
Exploring Your Life Insurance Options
Did you know that life insurance premiums can be deductible? Yes, they sure can in limited circumstances.
We all know that life insurance proceeds are received tax-free on death, so it is commonly understood that the payment of the insurance premium would not be deductible. This statement is true for both personally and corporately owned life insurance polices except when the insurance is assigned as collateral for a loan. Sounds great, however certain requirements must be met in order to receive the deduction, including that the owner and borrower must be the same person and the assignment of the loan must be a requirement of the lender and not just a mere accommodation. If all the requirements are met, then the lesser of the premiums paid and the net cost of pure insurance are deductible. Continue reading “Can Life Insurance Premiums Be Deductible?”
Debt. It’s stressful for everyone and nobody wants to carry it for any longer than they absolutely must. So how can you help your client lighten their debt load? Well, when it comes to debt-reduction, the old saying “every little bit counts” may just be the answer.
This Loan Calculator will help you and your client determine a good loan rate in no time. In fact, your client will even be able to measure what it’s worth to them in interest savings to divvy up their loan payments and increase their payment frequency, paying a little bit weekly instead of a lot monthly. It also allows your client to ascertain what their finances would look like if they increased those payments by even just a little bit… because every little bit counts! So be sure to share this Loan Calculator with your clients to guide them in better debt-reduction and savings! Continue reading “The Loan Calculator”
SHARE the client article from The Link Between:
The Loan Calculator