Market and economic events impacting investment performance

Understanding and analyzing financial statements

Financial instruments: fixed income, equities, managed products, structured products, fee based accounts and derivatives

Company, industry and market performance/analysis

The portfolio management process and asset allocation

Setting financial goals, the financial planning process and taxation

Estate Planning | Estate planning refers to the process required to transfer and preserve your wealth in an orderly and effective manner, and a properly drafted will is the foundation of a strategic estate plan. From a tax perspective, your estate planning objectives include:

1. minimizing and deferring tax on your estate
2. minimizing taxes on your death so that most of your estate can be preserved for your heirs
3. moving any tax burden to your heirs, to be paid only upon the future sale of the assets.

Estate Plan | Stages of Estate Planning:

Estate planning is an ongoing process, as your circumstances, needs and wishes change. The issue of estate planning, in conjunction with your will, is an essential element of life planning. Estate planning strategies:

1. Draw up a list of all your assets and liabilities, current income and expenses, and projected income and expenses over the next five years.
2. Outline a five-year plan in terms of what goals and needs you have during that time.
3. Assess your life and disability insurance needs and protection to make sure it is adequate for your present and projected needs.
4. Review your savings plan such as RRSPs and education-funding programs for your children.
5. Decide on how you would like your assets to be distributed in the event of your death.
6. Select an executor and trustee of your will.
7. Decide on a guardian for your young children.
8. Consult with professionals, such as a lawyer, accountant and trust company, on matters to do with wills, estate planning and trusts.

If you have further query please contact Canada Insurance Plan.