SGL Private Wealth Management & Business Advisory

Thought this was a fun article to share to help learn about life insurance!

At SGL we believe that understanding the products and services you add to your risk management portfolio is extremely important. One of the most common statements I hear is " I'm ok, I have insurance through my bank, so I'm good". There are major differences to these products compared to a proper stand alone policy. One of the major differences is post mortem underwriting. This means that after you have passed away, the mortgage insurance product underwriting is done to see i...f you are actually covered. This is when most claims are denied if you did not answer the questions correctly asked by an unlicensed agent selling you a policy. This can be the difference between your spouse having a paid off home after you have passed, or still having a mortgage to pay without your income. Understand what it is that you are purchasing so you can have the protection you deserve. We are currently taking new clients in Alberta and Ontario, offering a no obligation consultation of the products and services you currently have. Book a zoom meeting online today! See more

In today's market place, business owners face a consistent challenge, What do I do with the accumulated earnings in my corporation?" I want to enlighten you with just one of the many key ways in which I serve business owners. Business owners have used life insurance to maximize their retirement lifestyle and also transfer their legacy in one of the most tax efficient manners possible. If you have had this discussion with your accountant or asked yourself the same question, t...Continue reading

Unfortunately due to Covid 19 disruptions in our economy, many Albertans are being laid off. Some would have had pension plans or group benefits during their employment. Those employees will be or may have already received a "Statement of Options" outlining the choices they have available to them. The choice to either keep their retirement assets with the current pension company or to seek out alternative retirement planning solutions. This can be very confusing for most peop...le to try to sort out and create a lot of anxiety. SGL Private Wealth Management & Business Advisory can be part of that solution and walk you through the decision making process. An uneducated decision can be very costly, resulting in thousands of dollars in unexpected tax consequences. Book a time to discuss what that statement of options means and how we can assist you in finding the right fit for your retirement investments. https://sglpwmvideomeeting.youcanbook.me