by EK Financial | Sep 30, 2024 | Blog, Business Owners, Estate Planning, Family, life insurance
Succession Planning for Business OwnersBusiness owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a...
by EK Financial | Aug 31, 2024 | Blog, Family, health benefits, life insurance, retirees, Retirement, RRSP
Most of us understand the benefits of sensible retirement planning. Still, it doesn’t feel relatively straightforward when it comes to creating your retirement strategy and putting it into effect. The reality is that, while there are lots of variables to...
by EK Financial | Jul 31, 2024 | Blog, Debt, Family, life insurance
Post-secondary education can be expensive, however having the opportunity to plan for it helps with making sure that you’re capable to meet the costs of education. In addition, when you have a plan, it’s easier to make financial decisions that align with your goals...
by EK Financial | Jun 30, 2024 | Blog, insurance
Different types of life insurance explainedYou may already have or are interested in life insurance because it can provide significant financial protection for you and your family. To get the best coverage that suits your needs and lifestyle, it is essential to be...
by EK Financial | May 31, 2024 | Blog, critical illness insurance, insurance
Nowadays, people survive serious medical issues such as cancer, a heart attack, or a stroke. And while this is good news if a criticalillness happens to you – your recovery may come with costs that you don’t have the money to cover. This is where critical illness...
by EK Financial | Apr 30, 2024 | Blog, Family, investment
The First Home Savings Account (FHSA) is a savings plan designed for first-time home buyers in Canada, which allows them to save up to $40,000 tax-free. Contributions to an FHSA are tax-deductible, similar to Registered Retirement Savings Plans (RRSP). Additionally,...