Why plan your estate?
When you pass away, the Canada Revenue Agency generally treats your assets as if they were sold. Rental properties, a cottage, investments and shares in a family business can create a large tax bill that is due before your family receives anything. Without a plan, heirs may have to sell property or the business to pay it.
How life insurance helps
- Pays the tax bill: a permanent policy provides tax-free cash exactly when the estate needs it.
- Keeps property in the family: heirs don’t have to sell the home, farm or business.
- Equalizes inheritances: one child takes over the business; insurance gives the others a fair share.
- Bypasses probate: a benefit paid to a named beneficiary is usually paid directly, quickly and privately.
- Charitable giving: leave a meaningful gift to your gurdwara, temple, church or favourite charity.
Brinder works alongside your lawyer and accountant so your will, your insurance and your tax plan fit together.
Is this right for you?
- Owners of rental or investment property
- Business owners and incorporated professionals
- Parents and grandparents who want to pass on wealth smoothly
Frequently asked questions
Do I need a will as well as insurance?
Yes. A will says who gets what; insurance provides the cash to pay taxes and costs. They work best together.
What type of policy is used for estate planning?
Usually permanent insurance — whole life or universal life — so the coverage lasts for life.
How it works
Talk to Brinder
Tell us about you and what you need — by phone, email or in person.
Compare options
We compare plans and explain the differences in plain language.
Get covered
We help you apply, then stay with you for renewals and claims.