New Rules for Life Insurance

The federal government has passed legislation that will change how life insurance is taxed. The new rules might have tax implications for some policyholders, so it's important to understand how the new legislation might affect you. Contact DFS to find out if this might affect you.

What to do about RRSP overcontributions

Have you exceeded your RRSP contribution limits? Congratulations, your retirement account is that much bigger. But you may also be facing some tax penalties. Advisor

Think carefully before naming beneficiaries

A will is actually simple: all it does is tell your heirs who gets what from your estate. Sure, the legal language is complicated. But designating beneficiaries is a piece of cake. All you have to do is . . . Advisor

Think twice before tossing old tax records

Many clients are itching to get rid of tax records once the typical six-year rentention period has passed. Advisor

Help clients manage through divorce

The key to reducing a client's financial stress is helping him organize his financial information as early as possible so he can effectively work with his spouse and any lawyers. Advisor

When someone dies before making a will

Because Amira didn't leave a will, Amitav and Helen don't know what she wanted to do with her assets. It never occurred to anyone that Amira would predecease her parents. What now? Advisor