Plan to Meet Your Needs

Do you want to leave a legacy?

Whether you want to leave a legacy for your children or your favourite charity—now or through your will—a financial security and investment representative associated with Freedom 55 Financial can help you meet your goals.

• Life insurance proceeds pass directly to your beneficiaries, avoiding probate taxes and creditor claims on your estate. Or they can be used to leave a legacy by providing your favourite charity with funding.
• Segregated fund policies pass directly to your beneficiary without going through probate.
• Registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) can be transferred tax-free to a surviving spouse, but at his or her death, taxes are payable on any remaining assets. Permanent life insurance can help pay the taxes and any remaining assets will be left for your children, grandchildren or favourite charity.
• The Quadrus charitable giving program can help you leave a lasting philanthropic legacy to registered charities of your choice through a donor-advised fund.