Business Planning and Group Benefits

Business succession planning is a process designed to assist the business owner to transition out of business and transfer ownership of business at the time of retirement while maximizing the business owner’s personal financial security

Who is this for?

• Key Person
• Shareholder
• Buy Sell Arrangement
• Business Loan/Overhead Risk
• Individual Pension Plans
• RCA’s

Benefits

• Value of your business can represent a substantial source of income in retirement, therefore proper succession planning can ensure that the risks to your lifestyle in retirement is minimized.
• If your hope is to have your business continued by one or more family members, then you will likely need to coordinate your business plan with your estate plan and explore any tax deferral opportunities.
• If your hope is to have your business continued by one or more family members, then you will likely need to coordinate your business plan with your estate plan and explore any tax deferral opportunities.

RRSP Partners

Our partners for group insurance and group RRSPs includes:

• Sun Life
• Canada Life
• Manulife

Health Spending Account

The Be Sure Financial Health Spending Account can give your employees a comprehensive, non-taxable medical benefits package — and deduct 100% of the resulting expenses from your business income.

Who is this for?

What are the Benefits?

How does it work?