Trevor Dale discusses segregated funds… which he almost never recommends with the exception of two situations. There are a number of drawbacks such as fees, lack of selection and you have to go through an insurance advisor to get them, such as ourselves.
Having said that there are some benefits such as having a beneficiary on an investment regardless of whether the funds are inside a registered account or not, a medical exam is not required and they can flow funds from an estate or corporation upon death should the situation arise.
There are some things to consider in this podcast and we hope that it helps to better understand when these could be used.
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Disclaimer
This report is provided by TK Dale Wealth Management Inc. It is for informational and educational purposes only as of the date of writing, and may not be appropriate for other purposes. The views and opinions expressed may change at any time based on market or other conditions and may not come to pass. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. The information contained in this report has been drawn from sources believed to be reliable, but is not guaranteed to be accurate or complete. This report contains economic, investment and market analysis and views, including about future economic and financial markets performance. These are based on certain assumptions and other factors, and are subject to inherent risks and uncertainties. The actual outcome may be materially different. TK Dale Wealth Management Inc. is not liable for any errors or omissions in the information, analysis or views contained in this report, or for any loss or damage suffered.