Disability

One out of three persons will incur a long term disability before age 65. Surprisingly the statistics are this high. Disability can arise suddenly due to accident or illness.

Not only do you have to be concerned with yourself and your ability to provide for your family's needs ... how would your financial plan cover the disability of one of your children?

What strategic changes need to be looked after to protect you and your family members from long term disability?

Issues to be accommodated include...

• What does your Company plan really cover?(PDF1)
• Disability Insurance
• Critical Illness Insurance (PDF2)
• Life Insurance Trusts (Henson Trusts) (PDF3)
• Taking advantage of Disability Tax Credits
• Eligibility for Government Support Programs
• Registered Disability Savings Plans (RDSPs)
• Protection for your Disabled Children after you’re gone
• Cash Flow planning; debt management

At Transitions Wealth Strategies, we integrate the changes to your Financial Plan necessary to protect you in the event of long term disability. We ensure you arrange your affairs to take advantage of all the support programs available. We act as your personal guide and mentor to ensure that this potential change in your life is accommodated while ensuring your financial and life security.

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