Protecting your investments from the CRA? Consider using segregated funds?

Protecting your investments from the CRA? Consider using segregated funds? By Bruno Scanga Financial Columnist Investing your money is an effective way to put your money to work and build your wealth. By investing smart, it helps give you more flexibility to earn more on your money, build more security for your retirement, and ultimately give you the chance at achieving your financial goals and dreams. However, investing comes with risks. Segregated funds can help prevent these risks! Segregated Funds: Investing with peace of mind Segregated Funds allow you to invest your money and help grow your wealth but also gives you peace of mind knowing that you have protection against uncertainty. Unlike other investment options, segregated funds give you features that aren’t found in the typical investments (ex. Mutual funds, stocks, and GICS): Guarantees on your principal – money you invest is guaranteed up to 75% or 100% upon maturity and death Reset Options – lets you lock-in market gains that can increase the amount payable upon maturity or death Bypass probate – death benefits paid directly to named beneficiary instead of your estate ensures privacy and helps avoid the lengthy and costly process of going through probate Potential creditor protection – by designating a qualified beneficiary, investments may be exempt from creditors in the event of bankruptcy or litigation Who are Segregated Funds for? Pre-retirees looking for wealth accumulation but want to avoid potential losses with maturity and death guarantees Individuals looking to preserve their legacy and transfer their estate in a timely, private, and cost-effective manner Business owners looking for creditor protection planning Anyone who wants the ability to achieve the same type of investment returns as mutual funds but with the security and protection in knowing that their money is protected against any uncertainty Investing helps you be more secure and confident about your financial situation. It is not a one-day initiative but rather a continuous long-term activity. The earlier you start investing, the more well-equipped you’ll be in the future. Working with your financial advisor can help put the roadmap in place that will help guide you towards your financial goals. However, remember transferring your wealth is also a considering that should be reviewed in your planning process Get started today so your family will have a easier transfer at time of your change of life.