Financial planning
A financial planner. A guide, a co-pilot,
When you take the road to the unknown, you use a GPS to facilitate the journey, not get lost and get to your destination faster. In finance, the financial planner plays the same role. Different life projects can lead us to use a financial planner. Even sometimes, meeting a financial planner can open our eyes to projects that we thought were impossible to achieve.Â
Personal and family situation
With you, we analyze the family and marital portrait. We identify the objectives pursued and evaluate the current and anticipated issues, considering the legal aspects relating to your personal and family environment.
Planico coordinates all the stakeholders in your file to simplify your life.
Fiducie
Whether itâs to pay less tax, plan for the transfer of wealth, or protect assets or a childâs interests, setting up a family trust can be a great strategy to consider in your financial planning.
Together we will be able to establish a tailor-made plan according to your situation and your objectives.
An advantageous strategy
Separation or divorce
It can happen that a separation or divorce occurs and in this situation, it is crucial to have a strategy and action plan proactively thought out with professionals.
This way you are able to secure your assets and investments and you avoid long and sometimes expensive procedures. Letâs discuss your situation, needs and goals together in order to prepare the most appropriate proactive strategies for you.
Separation or divorce
Simplifying living together
Couples living together and becoming in a common-law relationship can make a cohabitation contract to define each otherâs obligations during cohabitation and define each otherâs roles and responsibilities in relation to their property.
It can be about simple good, as it can also be about investments and important financial decisions.
Thatâs why we offer the opportunity to help you in this important step in order to establish the most appropriate strategy according to your needs and objectives.
Simplifying living together
Letâs discuss your needs
Whatever your situation, goals and needs, we will be able to put in place a tailor-made strategy to help you achieve your goals faster.
4 essentials for a healthy financial situation.
Annual cost of living
An in-depth analysis of the annual cost of living allows us to have a global view of the health of your finances and to find financial opportunities to allow you to optimize your financial planning.
This is the starting point of a financial planning strategy that will allow you to achieve your goals.
Annual cost of living
Debt levels and debt reorganization
The debt ratio is an analysis that we do at the outset in order to establish a financial planning strategy.
It is a ratio that compares your income and debts globally to determine your creditworthiness in the eyes of banks. By doing this calculation, we are able to spot opportunities. If necessary, we can reorganize the debts to present a proposal to your creditors to repay the debts on different terms.
Debt levels and debt reorganization
Emergency Fund
In analyzing your overall financial situation, it is important to consider the emergency funds you own. Good financial planning will allow you to maintain a healthy emergency fund without compromising the effectiveness of your investments.
Emergency Fund
A balanced portfolio
Portfolio diversification is a crucial step towards promising and stable returns. Through different asset classes like : bonds, real estate securities, precious metals or alternative assets.
Depending on your objectives, we will be able to put in place a clear and effective strategy to diversify your portfolio.
A balanced portfolio
Calculation of taxes and credits
It is by doing a careful calculation that we are able to determine if you are taking advantage of all the tax breaks available in your situation. Thanks to our expertise and passion, we are able to identify, if necessary, additional opportunities to reduce or defer taxation.
Several elements can be considered and can be calculated in the tax as well as the credits available such as : RESP contribution, moving expenses, child care expenses and even deductions related to self-employment.
Calculation of taxes and credits
Non-taxable benefits
There are several interesting non-taxable benefits to consider in your tax situation such as travel allowances, training, for an administrator, professional and union dues, etc.
An overall analysis of your tax situation will allow us to identify opportunities and consider them in your financial planning strategy.
Non-taxable benefits
Tax avoidance
There are an infinite number of strategies to help you optimize your tax and take advantage of tax reductions. In a financial planning strategy tailored to your needs and objectives, we do tax optimization with cutting into unnecessary costs and allowing you to place these gains in a place where it will grow.
Tax avoidance
Retirement disbursement
Itâs extremely important to have savings and financial planning strategies in place to enjoy a healthy and fulfilling retirement, but itâs just as important to have a retirement disbursement strategy in place to ensure youâre always on track when using your savings.
With a clear and accurate financial planning strategy, you will be able to fully enjoy your retirement with peace of mind.
Retirement disbursement
4 essentials to target your financial situation; cost of living, balance sheet, debt management and investments.
For each of these analyses, it is essential to become aware of the positive and negative aspects of your situation in order to identify viable solutions that improve your overall financial situation.
Financial Planning for Individuals
We review tax documents to ensure that you benefit from all tax relief (deductions, credits) to which you are entitled and assess whether there are additional elements that reduce or defer taxation.
Financial Planning & Tax Situation
A well-deserved retirement.
RRSPs and TFSAs
To enjoy a thriving and fulfilling retirement, you have different tools available to you to invest your savings safely, such as the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA), each with its advantages and disadvantages depending on your goals.
Together we will be able to establish a tailor-made strategy according to your objectives and determine which of the programs is the most suitable for you and your objectives.
RRSPs and TFSAs
Annuities
Several types of annuities exist and are accessible depending on your situation and your needs. Annuities are a financial product that provides a guaranteed regular income, so can be a significant addition to your retirement plan. It is important to consider it for your retirement.
As there are several types of annuities and each of them has their options, benefits and risks, we take care to analyze your situation and establish a tailor-made strategy for you in order to have a safe retirement with peace of mind.
Annuities
Pension plans
Do you benefit from a pension plan offered by your employer? There are several different types of schemes and each of them has their tax benefits.
With a thorough analysis of your plan, you will be able to maximize the benefits of your pension plan to ensure a thriving and fulfilling retirement.
Pension plans
RRQ & PSV
When you retire, there are several government programs that can give you financial support, such as the Quebec Pension Plan (QPP) or the Old Age Security Program (OAS), but sometimes these programs may be insufficient.
As this is an amount to which you are entitled, we will be able to take it into consideration when planning your retirement to ensure you have a peaceful and fulfilled retirement.
RRQ & PSV
Tax burden on death
When a death occurs, what about RRSPs, debts, investments and property? This is an integral part of the analysis we are planning as well as possible alternatives to put in place to ensure the most harmonious transfer possible for your loved ones.
Several elements can be considered and can be calculated in the tax as well as the credits available such as : RESP contribution, moving expenses, child care expenses and even deductions related to self-employment.
Tax burden on death
Miscellaneous legacies
By the will of a will, you proactively decide what will happen to your property following your death.
Making a will and bequeathing property can have tax implications for you and your successors, so itâs important to plan your estate well and avoid oversights that could be costly for your family or heirs.
Various legacies can be part of your financial planning strategy. Thatâs why we consider the situation at death among financial planning.
Miscellaneous legacies
Liquidation of an estate
In the event of a death, all your property ends up in your estate and a person is designated to distribute the property according to your will. This procedure is referred to as the liquidation of succession.
Anticipating and planning for this procedure is also part of financial planning since we will have to determine what will happen to your property and money and what the impacts will be for the person who will receive them.
There are several innovative strategies to make sure you make good choices for both you and your loved ones.
Liquidation of an estate
Testamentary tax efficiency
Testamentary tax efficiency is an analysis of your assets, liabilities and assets that you would like to bequeath to your heirs. In this analysis, it is important to consider the tax impacts of the estate, so we can find the best strategies to reduce the tax impact of your estate and ensure a smooth and easy transfer for your loved ones.
Testamentary tax efficiency
Protection for long-term care
Itâs easy to take our physical health for granted mentally, but without warning, illness and disability can strike. Thatâs why long-term care coverage is an important choice in order to have an alternative to cover medical expenses that can quickly accumulate and thus avoid compromising your retirement plan.
Protection for long-term care
Life insurance
Sooner or later, our days will come to an end. Life insurance is a very important protection that helps protect our property and loved ones in the event of death. Life insurance can even protect the financial security of our loved ones by paying them a tax-free payment.
There are several types of coverage depending on your needs, lifestyle, employer and personal situation. Thanks to our expertise and our huge network, we will be able to choose the protection that best suits your situation.
Life insurance
Hypothecary protection
Mortgage protection can be part of a great strategy for buying real estate, as it can allow you to get a reasonable interest rate, even with a small down payment.
It is also a mandatory protection if your down payment is below 20%. Contact us and we will be able to advise you well on this protection.
Hypothecary protection
Disability insurance
With this type of protection, you will have alternatives and financial security in the situation where an event, accident or unforeseen illness would prevent you from earning an income.
Thanks to an extensive network of suppliers, we will be able to determine your needs and find the right protection, according to your needs.
Disability insurance
Critical illness insurance
Living with a serious illness can have a great financial impact on a personâs life and must completely rehabilitate our living environment.
This is an important protection to provide in order to anticipate the costly costs related to medical expenses, certain accessories and even certain changes to your living environment.
Critical illness insurance
Retirement is one of the most in-demand parts of financial planning.
This analysis requires taking into consideration a wealth of data in order to properly assess your current savings situation and the anticipated situation in retirement.
Financial planning for retirement
The purpose of this analysis is to assess the legal, fiscal and financial impacts of the death, to measure the consequences on the general financial situation of dependents. Thus, we will make the recommendations that will make it possible to align the financial wealth with your objectives.
Â
Financial Planning â Situation at Death
This analysis makes it possible to highlight the protection mechanisms you have at your disposal in order to mitigate the financial and legal consequences of a prolonged disability or incapacity, and to propose solutions to fill any negative gap.
Financial Planning â Protection Status
Trusted partners
Proud partner of AI Financial Group & PPI Insurance
Thanks to our large network of partners, you will be able to benefit from products that will finally meet your specific needs.
