We're proud to introduce our new
Estate Needs Calculator, Costs of deemed disposition of assets upon death, available in your Illustration tool, under the
Strategies tab.
The Estate Needs Calculator has been designed to estimate the future values of investments, properties and other holdings and calculate what the associated costs could be to your client’s estate. It’s a tool that summarizes Canadian assets, liabilities and planned expenses.
Increased clarity for better planning
Your client will gain valuable information about how these assets will be subject to tax after they die, and they'll get an estimate what will remain available in their estate to pass on in accordance with their wishes.
With this projection, you'll be able to identify financial strategies and life insurance solutions that are adapted to the needs of your client's estate.
Your planning tool to help your clients plan an inheritance to their loved ones and chosen charities.
The advantages of the Calculator:
|
Client centric |
- Clearly identifies needs that can be addressed with life insurance solutions
|
|
Planning focused |
- Incorporation of multiple investment types for complex tax and probate cost calculations
|
|
Detailed analysis |
- Provides a clear and concise report for review with your client.
|
Here's an example* of the funnel diagram that appears in the concept report:
|
A picture is worth a thousand words:
The funnel diagram illustrates what liabilities are anticipated at time of death and how these will decrease the final balance of the estate.
This can help your clients visualize what their estate could be, an important step in planning where they would like their assets to end up.
|
* Values shown in this example are for illustrative purposes only.
Discover the new Calculator today!
Available on your Illustration tool, the Estate Needs Calculator is ideal for clients who have several types of investments and have started to plan their estate. It has been specifically designed to evaluate multiple real estate properties, including those that claim depreciation (capital cost allowance) for tax savings purposes.
The calculator will certainly be a valuable ally for your business development activities and ultimately provide your clients with an enhanced experience.
To get more details on how the calculator works, the sales approach, how to create illustrations and the sales material, consult the
sales concepts section.
Questions?
Business Development
