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
How To Use Insurance To Provide Your Family With Financial ProtectionMay 1, 2024 - 6:00 am
Stay Ahead in 2024: A Comprehensive Checklist for Federal Tax UpdatesApril 22, 2024 - 11:02 am
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
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The Six Steps to Financial Planning
/in blog, Financial Planning /by Alto, Chang and Associates Financial ManagementA certified financial planner is trained to focus on all aspects of your finances – everything from your taxes to retirement savings.
The six steps to financial planning are:
• Meeting your financial planner
• Determining your goals and expectation
• Reviewing your current financial state
• Developing a financial plan
• Implementing a financial plan
• Monitoring the plan
A certified financial planner will develop a plan that works for you both today and in the future.
Don’t lose all your hard-earned money to taxes
/in blog, tax /by Alto, Chang and Associates Financial ManagementIt’s essential to manage your tax planning properly – both while you are living and for after your death. You want as much of your money as possible to go to your beneficiaries, not the government. Our article contains three tips to help you do that:
1. Learn how to make the most of the lifetime capital gains exemption.
2. Figure out ways to decrease your end-of-life tax bill.
3. Look into Immediate Financing Arrangements.
Retirement Planning for Business Owners – Checklist
/in blog, Business Owners, corporate, health benefits, life insurance, long term care, pension plan, RRSP, Tax Free Savings Account /by Alto, Chang and Associates Financial ManagementAs a business owner, one of your challenges is learning how to balance between reinvesting into the business and setting money aside for personal savings. Since there are no longer employer-sponsored pension plans and the knowledge that retirement will come eventually, it’s important to have a retirement plan in place.
We’ve put together an infographic checklist that can help you get started on this.