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I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 1
Our personalized approach to financial planning
Our personalized approach to financial planning
The PlanThe Plan
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 2
……A A Taste Taste
Of Of FreedoFreedo
mm
∞Plans developed must be monitored and changed as necessary
∞Plans developed must be monitored and changed as necessary
∞Planning is a process ∞Planning is a process
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 3
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 4
This presentation is offered byThis presentation is offered by
Is provided by Investors Group Financial Services Inc., a financial services firm.
Is presented as a general source of information only, and is not intended as a solicitation to buy or sell investments, nor is it intended to provide professional advice including, without limitation, investment, financial, legal, accounting or tax advice. For more information on this topic or on any other investment or financial matters, please contact me, Turenne Joseph, consultant at Investors Group.
Although we have tried to ensure the accuracy of this information, tax laws change frequently so the provisions and exemptions mentioned in this presentation may change.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual Funds are not guaranteed, their values change frequently and past performance may not be repeated.
The Canada Education Savings Grant and Canada Learning Bond are sponsored by Human Resources and Social Development Canada. Eligibility for the Canada Learning Bond is dependent upon family income levels and province of residence.
Insurance products and services distributed through I.G. Insurance Services Inc., a Financial Services Firm. Insurance license sponsored by The Great-West Life Assurance Company (outside of Quebec).
The Investors Group Charitable Giving Program is offered together with the Strategic Charitable Giving Foundation, which operates independently from Investors Group. Donations under the Program are irrevocable and vest with the Foundation. This information is general in nature and not intended to be professional tax advice. Please read the Program Guide for complete details, including fees and expenses.
™ Trademark owned by IGM Financial Inc. and licensed to its subsidiary corporations.
Turenne JosephFinancial Security Advisor, Mutual Funds RepresentativeLicensed in Quebec, Ontario and British ColumbiaInvestors Group Financial Services Inc., a financial services firm. turenne.joseph@investorsgroup.com
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 5
Investments Planning
Investments Planning
Tax Planning
Tax Planning
Estate Planning
Estate Planning
Risk Management
Risk Management
Cash Management
Cash Management
Retirement Planning
Retirement Planning
Holistic personalized approach around these six basics disciplines
of financial planning
Holistic personalized approach around these six basics disciplines
of financial planning
Our added value…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 6
Pay Yourself First…Plan to spend,
Save what’s left
Plan to save, Spend what’s left
Plan to save, Spend what’s left
Cash ManagementCash Management
Once your objectives are set, your non-discretionary expenses are fixed, you determine the amount you need to achieve your goals, budget it and, spend the rest.
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 7
Being Prepared…Being Prepared…
…Emergency Fund
Have sufficient funds to handle essential expenses during a three to nine month period.
Choose a short-term investment that provides instant access to your money.
Consider the new Tax-Free Savings Account (TFSA) as an emergency fund.
Consider a line of credit.
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 8
…Efficient Debt Management
Good debt Supports cash flow Helps to build wealth long term
Bad debt Drains cash flow Used to purchase disposable
items
Good debt Supports cash flow Helps to build wealth long term
Bad debt Drains cash flow Used to purchase disposable
items
Being Prepared…Being Prepared…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 9
...Mortgage Planning
Investments Planning
Tax Planning
Estate Planning
Risk Management
Cash Management includesCash Management includes‘‘’’Mortgage PlanningMortgage Planning’’’’
Cash Management includesCash Management includes‘‘’’Mortgage PlanningMortgage Planning’’’’
Retirement Planning
Consider...Consider...
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 10
Choose the right mortgage… get the right rate!Choose the right mortgage… get the right rate!
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 11
Maximize your net worth!Maximize your net worth!
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 12
TFSA : Tax Free Savings AccountTFSA : Tax Free Savings AccountCASH MANAGEMENT & TAX PLANNINGCASH MANAGEMENT & TAX PLANNING
In addition, In addition, Tax-sheltered Tax-sheltered ….…. In addition, In addition, Tax-sheltered Tax-sheltered ….….
……Emergency Funds, Emergency Funds, vacation, business start-up vacation, business start-up
new car, new home, cottage, new car, new home, cottage, renovation, education, renovation, education,
retirement….retirement….
……Emergency Funds, Emergency Funds, vacation, business start-up vacation, business start-up
new car, new home, cottage, new car, new home, cottage, renovation, education, renovation, education,
retirement….retirement….
True cameleon…True cameleon…True cameleon…True cameleon…
Flexible saving Flexible saving solution…solution…Flexible saving Flexible saving solution…solution…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 13
Reducing the tax bite Reducing the tax bite
Taxes…Taxes…Taxation…Taxation…
We’d all like to keep more of what we make….
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 14
Your financial success depends in part on how you manage your annual tax burden
DeductDeduct DeductDeduct
…Taxes…Taxation
DiferDifer DiferDifer
DivideDivide DivideDivide
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 15
Now is the Now is the time!time!Now is the Now is the time!time!
Year-round Year-round ……
TAX PLANNINGTAX PLANNINGTAX PLANNINGTAX PLANNING
Learn how to take Learn how to take advantage of good advantage of good
opportunites…opportunites…
Short-term and Short-term and long-term…long-term…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 16
…Comes memorable moments……Comes memorable moments…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 17
How can you How can you
save?save?
How can you How can you
save?save?
You have the current income You have the current income You borrow the funds You borrow the funds You plan and you save You plan and you save
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 18
Registered Education
Savings Plans (RESP)
Registered Education
Savings Plans (RESP)
Does Your Education Savings
Strategy Make the Grade?
TAX PLANNINGTAX PLANNING
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 19
Benefits of contributing to an RESPBenefits of contributing to an RESP
The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of your RESP or returns on investment
114 969 $
87 141 $
- $10 000 $20 000 $30 000 $40 000 $50 000 $60 000 $70 000 $80 000 $90 000 $
100 000 $
RESP Regular
Income
Basic CES grant
Contribution
(pretax)
RESP: Contributing $208.33 at the start of each month for 18 years and 20% grant at the start of each month for 14.4 years and earning 8% “before taxes” over 18 years.
Regular Investment: Investing $208.33 at the start of each month for 18 years earning 8% (a portion of the earnings is subject to annual taxation).
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 20
RESP or TFSA ?RESP or TFSA ?
Assumptions : Investment Return 6.5%Lump sum annual contributions on January 1 of each year.
GOAL: Save for a child’s education
MaximumMaximumFinal value with
flexibility
MaximumMaximumFinal value with
flexibility
A combination of both offers the best of both worlds…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 21
The best of The best of both worlds…both worlds…
RETIREMENT PLANNING
RETIREMENT PLANNING
Today and Today and TomorrowTomorrow
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 22
…Make it everything it can be ! Building a solid retirement plan is a lifetime project Building a solid retirement plan is a lifetime project
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 23
$$
$$
$$
$$
Go up
Stay same
Go Go down
down
NowNowNowNow Age 55-Age 55-6565Age 55-Age 55-6565
The Dre
am
Target Net Worth
@ Retirement
You want… You want…
Your needs to go down? To maintain the same lifestyle?Your net worth to go up?
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 24
Is there a gap between your goals and reality? Is there a gap between your goals and reality?
Your desired retirement lifestyleYour desired retirement lifestyle Your desired retirement lifestyleYour desired retirement lifestyle
*FINANCIAL GAP*FINANCIAL GAP*FINANCIAL GAP*FINANCIAL GAP
Your current retirement forecast
Financial Strategy
Financial Strategy
How do you fill the GAP? Take more risks Bring down your expectations Invest more mone
How do you fill the GAP? Take more risks Bring down your expectations Invest more mone
Have a Financial Strategy Have a Financial Strategy
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 25
Other :Other : Part-time employment Home equity Individual Pension Plan Etc…
Complexities of various income streams ?Complexities of various income streams ?Multiple income sources require planning
Personal savings :Personal savings : RRSP/RRIF TFSA Non-registered investments Etc… Government :Government :
CPP QPP OAS Etc…
Employer sponsored :Employer sponsored : Employer pension plan Group RSP Deferred profit sharing Etc…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 26
Retirement Income Planning in a Nut-Shell
Retirement Income Planning in a Nut-Shell
Determine your retirement goalsDetermine your retirement goals Take a snapshot of your current situation Determine your retirement goals / identify gaps Identify risk
Create your Retirement PaychequeCreate your Retirement PaychequeTMTM Understand sources of income Calculate your retirement income needs Combine your income into a single income
stream
Maximize your Retirement PaychequeMaximize your Retirement PaychequeTMTM
Take advantage of additional tax-saving strategies
Consider asset protection strategies
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 27
Maximize your net worth!Maximize your net worth!
Calculate your Calculate your retirement retirement incomeincome
Calculate your Calculate your retirement retirement incomeincome
Calculate your retirement incomeDon't simply retire from something; have something to retire to HARRY EMERSON FOSDICK
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 28
Charting the right courseCharting the right course Successfully navigating challenging markets
INVESTMENTS INVESTMENTS PLANNINGPLANNING
is the key to reaching your financial goals
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S
AGGRESSIVEAGGRESSIVEAGGRESSIVEAGGRESSIVE
RE
TU
RN
RE
TU
RN
RE
TU
RN
RE
TU
RN
RISKRISKRISKRISK
CONSERVATIVECONSERVATIVECONSERVATIVECONSERVATIVE
CONSERVATIVE CONSERVATIVE MODERATEMODERATE
CONSERVATIVE CONSERVATIVE MODERATEMODERATE
MODERATEMODERATEMODERATEMODERATE
MODERATE MODERATE AGGRESSIVEAGGRESSIVEMODERATE MODERATE
AGGRESSIVEAGGRESSIVE
29
Manage Risk Through a Diversified PortfolioManage Risk Through a Diversified Portfolio
Customized to meet specific needs
Maximize return based on risk tolerance
Off-sets market volatility
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 30
Strategic Investment Planning takes the worry out of market fluctuations
Strategic Investment Planning takes the worry out of market fluctuations
Focus on the long term
Invest regularly
Optimize asset mix
Diversify at home and abroad
Set goals, Revisit and Revise plan, Rebalance portfolio
AGGRESSIVEAGGRESSIVE
MODERATE MODERATE CONSERVATIVECONSERVATIVE
MODERATEMODERATE
MODERATEMODERATEAGGRESSIVEAGGRESSIVE
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 31
The Corporate Class AdvantageThe Corporate Class AdvantageTax planning benefits throughout the lifecycle of your investments:
We have the tools…We have the tools…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 32
Our money management professionalsmonitor markets from a global perspective
We have the resources…We have the resources…
Winnipeg
Montréal Dublin
Hong Kong
Investors Group is poised to help…Investors Group is poised to help…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 33
INVESTORS GROUP SECURITIES INC.INVESTORS GROUP SECURITIES INC.
Products to fit every plan
Plans to fulfill every goal
Competitive Fees and Commission Rates
Access to experts
Protection you can depend on
Working with you and for you
Service that works for you Service that works for you
We have the tools…We have the tools…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 34
We are registered in all Canadian provinces
and territories
Consolidate your stocks, money market instruments, treasury bills, fixed income investments and non
Investors Group mutual funds into an overall plan.
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S
Investors Group.. Securities Inc.
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 35
Group RRSP, Group TFSA, Group InsuranceGroup RRSP, Group TFSA, Group InsuranceYour business is more appealing with a versatile benefits package
that helps attract and retain good employees
We have the tools… We have the tools…
The power of Group PlansThe power of Group Plans
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 36
It takes a lifetime to accumulate… it’s worth protecting
It takes a lifetime to accumulate… it’s worth protecting
Are you unknowingly gambling with your and your family’s future… ?
Are you unknowingly gambling with your and your family’s future… ?
RISK MANAGEMENTRISK MANAGEMENT
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 37
Risks of Life… Risks of Life…
Old Age Without Adequate Income
Old Age Without Adequate Income
Sudden Disability
Sudden Disability
Pre
mat
ure
Dem
ise
Pre
mat
ure
Dem
ise
…can adversely affect you and your survivors’ financial foundation
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 38
the Dream… the Reality…the Dream… the Reality…
$$
$$
$$
$$
Go up
Go up
Stay Stay samesameStay Stay samesame
Go Go down
down
Go Go down
down
NowNowNowNow Age 55-Age 55-65 65 Age 55-Age 55-65 65
The RealityThe Reality1/3 of people will have 1/3 of people will have to access their savings to access their savings in order to deal in order to deal with awith a disability, critical illness disability, critical illness or need to care for aging or need to care for aging parents.*parents.*
Delayed retirement?
Delayed retirement?
The The
Dream
DreamThe
The
Dream
Dream
Target Net Worth @ Retirement
*1985 Commissioner’s Disability Table A (experience table); CIA 86 to 92 Aggregate Mortality Table
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 39
Life Insurance vs Lifestyle Insurance™Life Insurance vs Lifestyle Insurance™
Life insurance pays the benefit to your designated beneficiary after your death
How about
Peace of mind and financial security
when you need them
most…?
How about
Peace of mind and financial security
when you need them
most…?
Lifestyle Insurance™ pays benefits to you, while you’re alive
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 40
Lifestyle Insurance™ is planning for no compromises on your choices and dreams…
Protect your ability to generate an incomeProtect your ability to generate an income
You’ve poured your You’ve poured your soul into soul into building a building a successful business…successful business…
You’ve poured your You’ve poured your soul into soul into building a building a successful business…successful business…
RISK MANAGEMENTRISK MANAGEMENT
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 41
Segregated Funds vs. Other Investments
Segregated Funds vs. Other Investments
Business Business AssetsAssets
Regular Regular InvestmentsInvestments(ie: GIC’s, Stocks,
Mutual Funds)
Segregated Segregated FundFund
ContractContract
RISKRISK
RE
WA
RD
RE
WA
RD
Low High
Lo
wH
igh
Regular non business investments
No potential for creditor protection Lower expected returnrisk = business risk
Regular non business investments
No potential for creditor protection Lower expected returnrisk = business risk
Segregated Funds
Lower Risk Potential For Creditor ProtectionLower Return
Segregated Funds
Lower Risk Potential For Creditor ProtectionLower Return
Business
Highest Risk Highest Expected Return
Business
Highest Risk Highest Expected Return
RISK MANAGEMENTRISK MANAGEMENT
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 42
• An unexpected need for cash• Protect if possible from creditors• Offset (non-medicare) medical & dental
expenses• Preserve lifestyle during retirement• Reduce/remove burden of debt• Offset expected reduction in net income• Replace personal income • Pay fixed expenses to keep the business going• Offset shrinkage – realize true business value• Funding buy-sell of shares & repayment of
shareholder’s loan• Wealth preservation – pay large medical
expenses• Wealth preservation – pay tax on capital gains
& registered funds • Pay tax on recapture of depreciation (sole
proprietor)• Increase cash flow & reduce capital gains on
shares• Provide a fair & equitable estate distribution
to heirs• Enhance the size of the estate• Gift to charity; reduce taxes & recoup capital
on death
Financial concerns of business ownersFinancial concerns of business owners
Risk Management Plan
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 43
Financial solutions for business owners
Financial solutions for business owners
Risk Management Plan
Buy-Sell Agreement
Estate Freeze
State Bond
Insured Annuity
Insured Gift
Critical Illness insurance
Disability insurance
Long Term Care insurance
Medical and dental insurance plan
Life insurance
Segregated Funds
Buy-Sell Agreement
Estate Freeze
State Bond
Insured Annuity
Insured Gift
Critical Illness insurance
Disability insurance
Long Term Care insurance
Medical and dental insurance plan
Life insurance
Segregated Funds
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 44
…to pass the torch…
…to pass the torch…
We can help with key issues and challenges
towards a smooth transition
COMES THE TIME COMES THE TIME
RISK MANAGEMENT PLANRISK MANAGEMENT PLAN
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 45
Define your legacy…Define your legacy…
ESTATE PLANNINGESTATE PLANNINGESTATE PLANNINGESTATE PLANNING
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 46
The importance of State Planning
The importance of State Planning
WillSafeguards your interestsWillSafeguards your interests
Mandate in anticipation of incapacityChoose who will look after you
Mandate in anticipation of incapacityChoose who will look after you
Taxes Did you know that 30
secondes before your death, all your assets are deemed disposed?
Taxes Did you know that 30
secondes before your death, all your assets are deemed disposed?
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 47
The Tax Planned WillThe Tax Planned WillThe Tax Planned WillThe Tax Planned Will
Creating tax savings for your spouse and the next generation
Testamentary trusts can also provide tax savings for beneficiaries
Testamentary trusts can also provide tax savings for beneficiaries
Testamentary TrustsTestamentary Trusts
protection for protection for beneficiaries beneficiaries
against against creditor/family claimscreditor/family claims
second marriagessecond marriages
spendthrift beneficiariesspendthrift beneficiaries
disabled beneficiariesdisabled beneficiaries
young beneficiariesyoung beneficiaries Special Situations:Special Situations:Special Situations:Special Situations:
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 48
Your wishes are…? Your wishes are…? for your family, your community, a cause that you value…for your family, your community, a cause that you value…
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 49
Possible Goals…
Large inheritance? Large inheritance?
Provide for a dependant who is disabled?
Provide for a dependant who is disabled?
Transfer a business? Transfer a business?
Minimize tax? Minimize tax?
Charitable gifts? Charitable gifts?
I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S SI N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S 50
Ensure your wishes are fulfilled
Ensure your wishes are fulfilled
estate planning is not a ONE-time
task
estate planning is not a ONE-time
task
Consider your personal goals
Consider your personal goals
Protect and distribute your estate
Protect and distribute your estate
Planthe ultimate gift…
Planthe ultimate gift…
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Giving to your favourite cause can last beyond your lifetime…Giving to your favourite cause can last beyond your lifetime… A charitable legacy isn’t reserved for the
ultra-rich
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Giving of your wealth Giving of your wealth
Making a planned gift Make a bequest to a charity in your will
Establish a donor advised fund
Establish a charitable remainder trust
Donate a life insurance policy
Establish a charitable life annuity
Gifts of Registered Plans or Life Insurance
Establish a private foundation
Donate publicly traded stocks or securities
Philanthropy
It’s your gift … it’s your choiceIt’s your gift … it’s your choice
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It’s your gift …It’s your gift …
it’s your choice …
Similar to having your own private foundation
No administrative responsibilities
No upfront costs
Immediate tax benefits
You can name your account and personally recommend grants to desired charitable organizations
on an annual basis
Ability to support your favourite charities now and in the future
Builds a long-term charitable gift planning strategy
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A smarter way to give …A smarter way to give … Today and for the future
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your dreams,your dreams,
in continued mode…in continued mode…
your transitions… your transitions…your destinations, your destinations,
your concerns…your concerns…your goals, your goals,
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…Maximize your possibilities and financial freedom……Maximize your possibilities and financial freedom…
Turenne JosephTel. Office : (514) 350-8750 ext. 8815Toll Free : 1 (866) 688-8750Fax : (514) 350-8752Email : turenne.joseph@investorsgroup.com
Financial Security Advisor
Mutual Funds RepresentativeLicensed in Québec, Ontario and British Columbia
Investors Group Financial Services, a Financial Services Firm.
2001 University, Suite 1620Montreal QC H3A 2A6
You have questions ?You have questions ?
Source: Advisors Insights, Inc.
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