Protect and Preserve Your Lifestyle
Protecting your lifestyle can have a broad meaning. It can mean the ability to maintain your current or expected spending habits. It can also mean maintaining your way of life beyond your working years.
The goal is to help keep you and your family's way of life by minimizing taxation or providing additional funds.
Protecting and preserving your lifestyle will require different products using various strategies to help achieve this goal.
Wealth strategies include
- Mortgage and creditor protection
- Income splitting
- Use capital gains exemption
- Tax-preferred investing
- Estate freezing
- Use of trusts or holding companies
Wealth products include