Ocean 6 Wealth Advisory

When you realize the biggest tax bill you will ever pay is at death, you will not want to put your estate plan on the back burner. You have the control to leave behind a legacy you’re proud of. To ensure your loved ones receive the most of your legacy, you can strategically lower probate fees and taxes using the following tips. #financialplanning #estateplanning #legacy #businessowner #entrepreneurs

As a business owner, you can leave your money inside your corporation to invest and grow, which can be a more suitable strategy than investing personally. If you invest it personally, you’ll have to pay a layer of personal taxes first, up to 50% to the CRA. By investing directly inside your corporation, you start with a larger sum to invest with. Want more quick tips like these? Check out this 15-minute masterclass for 6 tips on how keep more money in your pockets and make the most of your success: https://lnkd.in/gEms_4v2 #financialtips #financialplanning #businessowners #entrepreneurs #masterclass

The future is full of uncertainties. Having an estate plan is one way to create certainty for the unknown. Without proper estate planning, you have little to no control over where your assets go. It doesn’t have to be complex. Here are the initial steps to securing your legacy. #financialplanning #estateplanning #legacy #businessowners #entrepreneur

Our scotch-tasting event for our clients was a success 🎉 It was an evening filled with great conversations, premium whiskies, and connections with like-minded entrepreneurs. We're excited to host more events at our new office! #financialplanning #businessowner #entrepreneur #networking #scotchwhisky #scotchtasting #clientappreciation

Missed our webinar? You can still catch up on all the helpful tips! Watch the recording here: https://lnkd.in/gBQvGZWG We covered how successful business owners use the power of their corporations to invest and save tax, and we shared three actionable strategies you can consider implementing. We ended with a great Q&A session where business owners asked important questions you might find valuable.  If you’re uncertain and overwhelmed by all the financial decisions you have to make, we’re here to help you apply these strategies to your unique situation. #financialplanning #finanicaltips #webinar #businessowners #entrepreneurs

Incorporating your business will often pay off if you plan to grow your business, as most business owners do. We generally recommend incorporating, but each business is unique, and the decision to incorporate is based on specific factors and long-term goals.  Here are some benefits of incorporating. #financialplanning #financialtips #businessowner #entrepreneur #incorporating

Do you want to stop paying unnecessary taxes and start maximizing the power of your corporation to invest and save thousands in taxes? A corporation is one of a business owner’s most powerful tools for achieving financial success. Join Jay Gangnes, CFP, CLU, CCS for a webinar where he’ll show you how to take full advantage of your corporation's tax-saving power with actionable tips. Imagine a future where you: → Stop losing half of your hard-earned money to unnecessary taxes. → Have peace of mind and certainty about your financial future. → Spend more time on the things you love and less stressing over your finances. Reserve your spot below!

Through an IFA, you have the opportunity to access money that’s providing you permanent life insurance coverage and use it to invest and grow your wealth. Here are all the benefits associated with an IFA and how you would use an IFA strategy to eliminate millions of dollars in taxes. #financialplanning #financialtips #businessowners #corporations #entrepreneur

How does a business owner maximize the sale of his business to retire early and live the life of his dreams? Our client didn't think this would be possible. Swipe to learn how a part of our strategic financial plan made this goal a reality. Read the full case study here: https://lnkd.in/g75Dci3z #financialplanning #financialtip #casestudy #businessowner #entrepreneur

Through an IFA, you can access money that’s providing you life insurance coverage and use it to invest and grow your wealth. Here's how it works: ➡ Purchase a permanent whole life insurance policy that builds cash value. ➡ Make premium payments into the policy with corporate dollars.  ➡ Take out a loan against the policy’s cash value, such as a line of credit. ➡ Use the money from the loan to put towards your business or other investment opportunities. ➡ The interest paid on the loan is often tax-deductible if you’re using the borrowed funds for investing. For more on the IFA strategy, check out our latest blog: https://lnkd.in/gkR766Em #financialplanning #finanicaltips #strategy #IFA #businessowners #entrepreneurs