Flora Financial

01/16/2022

The end of RRSP season is around the corner. You can make contributions for 2021 and get a tax refund until February 28.
Are you in line with your dream how to retire?!?!?!

Check the tool below.

Use this interactive tool to take the first step toward achieving your financial goals

02/19/2020

There are only 10 days left before the deadline for RRSP deposits so that you can benefit of 2019 tax reduction. If you are still wondering how to invest your money, I would suggest Segregated Funds. Why? They are guaranteed! And the investors may take comfort in knowing they can benefit from the following value‑added features:
■ Maturity Guarantee
■ Payout Benefit Guarantee
■ Death Benefit Guarantee
■ Guaranteed income for life
■ Resets every three years to the best market value
■ Creditor protection
■ Estate planning advantages
■ Annuity Settlement Option

Call 416 857 5439 for details

02/17/2020

For all Truck Drivers/Owner operators

- Tailor made insurance:
• Provides lump sum (between $100,000 and $300,00) in case of accidental death or loss of limp/s

• Provides income in case of disability

• Provides reimbursement of accidental medical expenses not covered by OHIP

• Provides travel emergency medical coverage

to name just a few of the benefits.

Call 416 857 5439 for details

02/11/2020

News & Views

The 2019 Ontario budget announced two changes to estate administration that are effective January 1, 2020:
1) The Ontario Estate Administration Tax (more commonly known as probate fees) will be reduced to 0% (previously 0.5%) on the first $50,000 of an estate’s asset value. What does this change mean? For estates with asset values of $50,000 or less, no Estate Administration Tax will be payable. For estates with larger estate values, this will equate to $250 of savings.
Additionally, for estates with asset values greater than $50,000, the Estate Administration Tax will continue to be 1.5% of the estate’s asset value in excess of $50,000.
It is also important to note that for exempt estates (i.e., those with no Estate Administration Tax owing), there is still a requirement to file an Estate Information Return within the prescribed time period (more on this below).
2) Executors are required to file the Estate Information Return for applications for probate, as of January 1, 2015. Beginning January 1, 2020, an Estate Information Return must be received by the Ministry of Finance within 180 days (previously 90 days) after a Certificate of Appointment of Estate Trustee has been issued — in other words, from the date the will has been probated by the courts. Further to this, the time period for submitting an amended Estate Information Return for subsequently discovered property has been extended to 60 days (previously 30 days).

The Estate Information Return can be filed online, by mail, by fax, in person, or by courier. For further details, there is an abundance of helpful information available on the Ontario Ministry of Finance’s website.

Now, although these changes are welcome, they are small and likely do not have a material impact. With that in mind, advisors should be reviewing estate plans put in place for their clients. The ability to name a beneficiary directly on a segregated fund contract will have the death benefit bypass the estate while also providing significant other benefits, such as avoiding estate administration tax altogether and negating the requirement to report the amount on the Estate Information Return.

01/03/2020

Sofia, beautiful city!!!!

01/19/2019

Don’t have extra money to put into your RRSPs?

Consider an RRSP loan from Manulife Bank.1 Contributing to your RRSP not only helps grow your savings, but could also reduce the amount of income tax you pay.

• Easy to apply
• Payment deferral up to 120 days available for certain terms
• Range of loan terms and amounts available (from one to 10 years and $1,000-$150,000)

Contact me today to get growing or visit manulifebank.ca

07/26/2018

https://vimeo.com/230973558/556449b228

This is "HuGO - $2 Billion of issued capital" by Humania Assurance on Vimeo, the home for high quality videos and the people who love them.

07/24/2018

Manulife Personal Accident Disability Insurance: a great "Plan B" for those who need a DI alternative.
Eligibility can be a roadblock for Disability Insurance. Occupation, salary and working hours are all taken into consideration when someone applies. So, what happens if you do not qualify?
�There’s no need to panic if you do not qualify for DI.
Personal Accident Disability Insurance is a great alternative for those of you who need a "Plan B". With only two eligibility questions to obtain coverage, 90% of Canadians could qualify.
Personal Accident DI can work for You, if You:
• Are between the ages of 5 to 80;
• Are new business owners or self-employed;
• Work full-time or part-time are contract workers, or work from home;
• Typically have rated or otherwise non-insurable occupations;
• Are looking to top-up other coverage such as Proguard/Venture, government or health plans

Call 416 857 5439

06/28/2018

Този път няма регистрация и местата са неограничени.
Осигурен е телевизор да гледаме финалите:::::)))))))