by Frank Restorick | Sep 16, 2026 | Life Insurance
As executor, your first job is to secure the estate’s assets, locate the will, and order certified death certificates. From there, you notify beneficiaries and the CRA, and you cannot distribute a single dollar until you have tax clearance. Expect the full process to...
by Frank Restorick | Sep 15, 2026 | Life Insurance
Every Canadian estate plan needs six things in place: a signed will, a power of attorney for property, a power of attorney for personal care, current beneficiary designations, a named executor, and a written inventory of what you own. Provinces vary on the paperwork...
by Frank Restorick | Sep 14, 2026 | Life Insurance
Whether you can deduct disability insurance premiums in Canada comes down to one question: who pays them? If you buy an individual policy with your own after-tax dollars, you get no deduction, but your benefit checks arrive completely tax-free. If your employer or...
by Frank Restorick | Sep 13, 2026 | Life Insurance
Start by deciding what outcome you actually want from your exit, then get a real valuation and call a lawyer, a tax advisor, and an insurance broker before anything else. Business succession planning protects jobs, enterprise value, and continuity, but none of that...
by Frank Restorick | Sep 12, 2026 | Life Insurance
Outdated or incorrect beneficiary designations are the fastest way to send your money to the wrong person, and no will can fix it after the fact. The most damaging errors are stale forms left over from an old marriage, minors named directly with no trust behind them,...
by Frank Restorick | Sep 11, 2026 | Life Insurance
Key person disability insurance is a business-owned policy that pays a monthly benefit or lump sum to your company when a critical employee or owner becomes too sick or hurt to work. The payout covers payroll, replacement hiring, and debt payments while you regroup....