three60wealth.ca
Estate Planning - Calgary
http://www.three60wealth.ca/EstatePlanning.html
Estate Planning is generally considered a multi-faceted process, encompassing everything from creating an inventory of assets and liabilities and determining how one would like their assets distributed upon death, to structuring a plan that will accomplish specific objectives and goals in the most efficient manner possible. Site by Spiral Marketing.
three60wealth.ca
Contingency Planning - Calgary
http://www.three60wealth.ca/ContingencyPlanning.html
If the owner of the business or a key employee die or become disabled, it will have a financial effect on the individual's family as well as on the business. Contingency Planning seeks to identify the personal risks associated with the death or disability of a business owner or key employee, and then applys prudent risk management strategies to help minimize, eliminate or transfer these risks. This is in direct contrast to Business Continuation Planning. Site by Spiral Marketing.
three60wealth.ca
Wealth and Estate Planning - Calgary
http://www.three60wealth.ca/Articles.html
A basic understanding of planning opportunities and potential planning concerns allows our clients to make better-informed financial decisions. At Three60 Wealth and Estate Solutions Inc., we are big advocates of continuous learning and enjoy sharing relevent knowledge with our clients . hence this page. We trust you’ll find them to be helpful. IMPORTANCE OF ESTATE LIQUIDITY PLANNING. This could happen, for example, where the deceased has a mortgage on a property that they would like to pass on to their ...
three60wealth.ca
Succession Planning - Calgary
http://www.three60wealth.ca/SuccessionPlanning.html
Sadly, only one-third of family-owned businesses survive the transition to the second generation. And from those, only one-third again will survive to the third generation, leaving the chances of your grandchildren taking over your business at about 1 in 10. What is the best way to transfer ownership? How will the ownership of the business be structured? Will you be able to transition the business to the next generation, or will you just sell it? Site by Spiral Marketing.
three60wealth.ca
Wealth and Estate Planning Approach- Calgary
http://www.three60wealth.ca/Approach.html
This is a far superior approach than the Traditional Advice Model where clients work in isolation with each of their independent professional advisors and as such do not have one central hub from which to coordinate all the independent advice. Since individually proposed plans are unlikely to work cohesively together the resultant overall plan can be inefficient and not fully optimized. Select the respective tabs to compare these two approaches. Or click here to see larger diagram).
three60wealth.ca
Retirement Planning - Calgary
http://www.three60wealth.ca/RetirementPlanning.html
Retirement has a different meaning for everyone. For some, retirement means spending time with the grandchildren, travelling or improving their golf handicap. Others may prefer to keep working or perhaps start that new business venture they’ve always dreamed of. Business owners tend to work longer than those who are employees, perhaps because the business is their baby and they don’t want or know how to let go. Succession P. Site by Spiral Marketing.
three60wealth.ca
Taxation Strategies - Calgary
http://www.three60wealth.ca/TaxationStrategies.html
Tax planning is simply the structuring of your financial affairs within the applicable rules to allow you to defer and/or reduce the amount of taxes payable. An elderly client of Three60 had a sizable amount of property held within a corporation of which she was the sole shareholder. The intent was for this property to pass to her four children upon her death, but with a tax bill looming of around $4 million, the client was concerned about the impact this would have on her estate planning.
three60wealth.ca
Wealth and Estate Planning - Calgary
http://www.three60wealth.ca/BusinessContinuation.html
Business Continuation Planning is the process of identifying issues that can put businesses at risk such as the death or disability of a key employee or shareholder and applying prudent risk management strategies to help minimize, eliminate or transfer these risks. Once the business concerns were addressed, we then considered the financial impact a disability would have on each of the partners personally. We discuss this further in the section on Contingency Planning. Site by Spiral Marketing.
three60wealth.ca
Wealth and Estate Planning Team - Calgary
http://www.three60wealth.ca/Team.html
Jason is the founder of Three60 Wealth and Estate Solutions Inc. and has been in the Financial Services Industry since 2001. With a thorough understanding of all aspects of wealth and estate planning, Jason’s core focus is based around the needs of business families. He has unwavering levels of service and integrity and maintains the commitment to understanding the evolving needs and goals of his clients in a caring and competent manner. CFP, CLU, TEP. Director of Advanced Planning. He is a Certified Fin...
