Optimize your wealth with insurance
Optimize your wealth by minimizing, deferring or offsetting your tax liability
We can help you optimize your wealth by minimizing, deferring, or offsetting your tax liability. Life insurance can provide tax-sheltered growth and tax-free payouts, essentially allowing you to grow part of your wealth tax-free for the benefit of the next generation. In many cases, the positive impact insurance can have on a portfolio inspires our clients to consider it as an alternative to a traditional conservative investment. If you have investments inside a corporation, those benefits can be even more compelling – reducing fully taxable investment income and creating tax-free shareholder dividends to distribute the death benefit proceeds. There is incredible value here.
Registered trademark of The Bank of Nova Scotia, used under licence. Scotia Wealth Management® consists of a range of financial services provided by The Bank of Nova Scotia (Scotiabank®); The Bank of Nova Scotia Trust Company (Scotiatrust®); Private Investment Counsel, a service of 1832 Asset Management L.P.; 1832 Asset Management U.S. Inc.; Scotia Wealth Insurance Services Inc.; and ScotiaMcLeod®, a division of Scotia Capital Inc. Private banking services are provided by The Bank of Nova Scotia. Estate and trust services are provided by The Bank of Nova Scotia Trust Company. Portfolio management and family office services are provided by 1832 Asset Management L.P. and 1832 Asset Management U.S. Inc. Insurance services are provided by Scotia Wealth Insurance Services Inc. Wealth advisory and brokerage services are provided by ScotiaMcLeod, a division of Scotia Capital Inc. International investment advisory services are provided by Scotia Capital Inc. Financial planning services are provided by The Bank of Nova Scotia, ScotiaMcLeod, a division of Scotia Capital Inc., and 1832 Asset Management L.P. Scotia Capital Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. Scotia Wealth Insurance Services Inc. is the insurance subsidiary of Scotia Capital Inc., a member of the Scotiabank group of companies. When discussing life insurance products, ScotiaMcLeod advisors are acting as Life Insurance Agents (Financial Security Advisors in Quebec) representing Scotia Wealth Insurance Services Inc.