Life and Health Insurance
Inheritance boom: optimizing your estate's liquid assets
Do you know that there are several interesting ways for your clients to optimize their estate's liquid assets? We consulted our experts and here are some key points to validate with your clients to ensure optimal estate planning.
What are your liquid assets?
- Non-registered investments
- Registered investments*
- Pension*
- Life insurance: who is the beneficiary? A life insurance policy payable to a beneficary is not considered as an estate liquid asset
- Company’s investments: do not forget to consider the taxation impacts!
What assets are subject to taxation upon death?
- Stock market shares (non-registered)
- Private company shares
- Commercial buildings
- Registered investments and pensions at last death
- Residences: as long as the waiver of capital gains was not previously used, many specifics to consider.
Know that last to die life insurance could be a worthwhile option to ensure good estate liquid assets!
Speak about it to your clients today and do not hesitate to contact your SSQ representative with any questions about estate planning. Our team is always available to help you.
*Do not take into account, if transferred to the spouse at the 1st death