Business Owners
Strategies to help increase your personal cash flow, keep key employees and protect your business.
Strategies for Families
Customized solutions based on you, plans for you to accumulate and protect your wealth.
Latest News
2024 Federal Budget HighlightsApril 17, 2024 - 5:41 pm
Tax tips to know before filing your 2023 income taxApril 2, 2024 - 2:17 pm
Empowering Your Family’s Financial Future: A Comprehensive Guide to BudgetingApril 1, 2024 - 6:00 am
Exploring the Value of Group Benefit Plans for Your EmployeesMarch 6, 2024 - 6:00 am
British Columbia’s 2024 Budget HighlightsFebruary 23, 2024 - 11:12 am
Our Dealer
Permanent versus Term Life Insurance – What are the Differences?
/in blog, life insurance /by Alto, Chang and Associates Financial ManagementYou know you need life insurance – but you’re not sure which kind is best for you. There are two main kinds of life insurance:
• Permanent, which lasts for your entire life. Premiums can be more expensive, but you can also use the policy to build up cash value.
• Term, which is only good for a set amount of time. Premiums are less expensive, and you cannot build up cash value – but coverage is easy to get and understand.
We can help you determine which type of insurance is best for you and how much it will cost you.
Estate Planning for Blended Families
/in blog, Estate Planning, Family /by Alto, Chang and Associates Financial ManagementBlended families – where two people get married but have children from previous relationships – are becoming more common. On top of the day-to-day challenges of blending a family, new spouses also have to figure out how to plan their estates, so everyone is properly taken care of.
We cover all of the following a blended family must consider while estate planning:
• Sharing the Family Home
• Make the Most of a Registered Retirement Savings Plan
• How to Share Non-Registered Investments and Other Assets
• Why It’s Important to Select a Good Trustee
• The Advantages of Life Insurance for Blended Family Planning
2022 British Columbia Budget Highlights
/in 2022 Only, blog /by Alto, Chang and Associates Financial ManagementOn February 22, 2022, the B.C. Minister of Finance announced the 2022 budget. We have highlighted the most important financial measures you need to know, with an emphasis on:
• Supporting sustainable economic development
• Offering stronger healthcare
• Expanding child care options and lowering fees
• Supporting capital infrastructure
• Providing funding for affordable housing
• Promoting clean transportation
Budget 2022 includes no changes to personal or corporate tax rates.