Insurance is an asset not an expense
Insurance – Asset or Expense?
Category: Blog
Health Spending Accounts (HSA)
A health spending account is a private health service plan that offers the reimbursement of a wide range of qualifying medical expenses provided by a medical practitioner or pharmacist. The account is flexible, as it can be set up as a stand-alone plan or it can supplement an existing group or personal health insurance plan. The flexibility of the account and the ability to take personal expenses and make them into a corporate deduction makes an HSA an attractive benefit…
Fall Tax Clean up
As we make our way through the fall season, one area we noted physicians have been “cleaning up” is their taxes and terminal planning. First, we help you understand what happens to your estate when you pass away and then how to redirect assets through your medicine professional corporation tax free. WHAT HAPPENS TO YOUR ASSETS WHEN YOU PASS AWAY? Upon death, you are deemed to have disposed of assets at their market value at the time of death. The…
Material Changes to OMA Group disability insurance
Material Changes to OMA Disability Insurance
4 Myths about life insurance
Will and estate planning for physicians
Mortgages – Variable or Fixed Rate?
Mortgages – fixed or variable rate?
There is no such thing as a “Simple Will”
Will and estate planning for physicians
Death, Tax and Probate
Death tax and probate fees
Critical illness insurance 101
Critical illness insurance for physicians
Changes at MD Management bothering you?
As the new year starts, some clients have been asking about the changes at MD Management, market volatility, their RSPs and corporate investments. Levine Financial Group is focused on saving physicians money on insurance. Clients often ask where do I invest my money? I have been a client of Nicola Wealth Management since 2007 with my corporate and personal investments. My returns are conservative and have far lower volatility than the market. Nicola Wealth manages nearly $6 Billion on behalf of…