Trusted Tips and Resources

Trusted Tips & Resources

Trusted Regina Insurance Provider Campbell & Haliburton Insurance Advice About Vacations and Your Home Insurance

Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina Home insurance tip, they talk about going on vacation and your home insurance. 


Whether it is a 3-day vacation in the middle of winter or the cruise of a lifetime, there are a few things you need to make sure you do before you leave on your vacation.


  1. Make sure you have a trusted friend check in on your home every 48 to 72 hours. This check-in consists of them walking into your home, and checking each room. Make sure that all windows and doors are still shut and locked, and that there are no puddles of water anywhere.
  2. Have them turn on a different set of lights each time they check your home, this helps make your home look occupied.  Another choice is Digital Timers from Home Depot which turn your lamps on and off at programmed times.
  3. Make sure that your mail is brought into your home this also helps make your home look occupied.
  4. If it snows while you are gone, make sure that someone shovels the snow or drives up and down your driveway a few times and walks up to the front door.
  5. As your friends are checking your home, have them keep a log of anything that may not look normal. If you ever have to make an insurance claim, this can be helpful.

Extended Leaves

If your vacation is going to be longer than a week you may want to think about the following items:

  1. Have someone move into your home while you are going to be gone.
  2. If that is not an option, then you should turn off your water and drain all your water pipes. There is nothing worse than coming home to freezing cold and busted water pipes.
  3. Still have a trusted friend come and check your home every 48 hours.
  4. Talk to your local insurance agents at Campbell & Haliburton about you being gone for an extended time. There may be different insurance coverages available for these situations.
Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. They know insurance inside and out, so please get in touch with them for all of your insurance needs and they will be more than happy to help ensure what you value most is protected.
**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.

Trusted Regina Financial Advisors at Worby Wealth Management Explain Corporate Estate Planning

Chris Worby and Jeremiah Worby are Trusted Regina based financial advisors and Wealth Management services providers. With over 20 years of experience, Worby Wealth Management has been committed to providing a high standard of financial service to individuals, families and business owners in Regina and area. Worby Wealth Management listens and provides a personalized financial plan. In their latest Worby Wealth Management Trusted Regina Financial Tip, they discuss corporate estate planning. 

The Wealth Building Toolkit: Corporate Estate Planning

So you’ve used your corporation to build wealth and to provide a nice, stable income. At the end of it all, we all go the way we do and it’s time to consider the two inevitabilities in life: death and taxes. 

Upon the death of a shareholder, there is what we call a ‘deemed disposition’ of shares. This means that on the date of death, shareholders are considered to have sold their shares at whatever gain or loss they would incur at that time. Those shares are passed down to a new shareholder in accordance with a will or some corporate documents dictating who becomes the new shareholder. But regardless of what happens after, that shareholder has sold their shares on that date.

This can represent some problems. Let’s say no planning was done and the accounting was sloppy. If the shares were worth, say, $1,000,000 at the time of passing but had little to no cost base, that would be a $1M capital gain adding $500,000 to the income line of a taxpayer’s final tax return and a $208,000 best-case scenario tax bill.*

If the inheriting shareholder didn’t have the means to pay the tax bill and there were no other estate assets, they may have to take a dividend to pay the bill meaning they’d have to declare a $310,000 dividend to pay the tax for the dividend as well as to pay the tax for the estate - again, there are better ways to do this but it’s the least tax efficient way to manage the tax bill.

One of the ways to manage the tax bill is to own life insurance in the corporation yet again. There is a notional account called a ‘Capital Dividend Account’ that certain corporate activities create - one of which is a life insurance payout less the ACB of the policy. This ‘CDA’ allows for dividends to flow through to shareholders without attracting taxation. 

In our example above, if there was an insurance policy in the corporation which is triggered on death which is also when our deemed disposition occurs, there would be money made available to be removed from the corporation with no taxation. This could be used to pay the tax bill and provide tax-free money to remaining shareholders.

These past 3 blogs have shown the corporation as a wonderful tool for both reducing taxes while accumulating wealth, streamlining income for retirement purposes and then how to reduce tax burdens on death. It’s good when we can have all the tools in working condition!

*all personal tax calculations are estimates based on taxtips.ca tax calculator.


If you have questions about wealth building, contact Worby Wealth Management to get your questions answered and start investing in an RRSP, TFSA or other investment accounts today.

Some of the services that Worby Wealth Management can help you with: 


TRUSTED REGINA FINANCIAL ADVISORs Chris & Jeremiah Worby from Worby Wealth Management help you live your dream!

 

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances.  This Blog was written, designed and produced by Jeremiah Worby and Chris Worby for the benefit of Jeremiah Worby and Chris Worby who are Financial Advisors at Worby Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc.  The information contained in this article comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability.  The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice.  Furthermore, they do not constitute an offer or solicitation to buy or sell any securities.  Mutual Funds, approved exempt market products and/or exchange traded funds are offered through Investia Financial Services Inc.

Trusted Regina Insurance Provider Campbell & Haliburton Insurance Share A Story of Home Explosion!

Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina Home insurance tip, they share the October 2022 Talk To The Experts Regina Home Insurance Show. Hear what happened when Dave's house blew up! 


Talk To The Insurance Expert - When Your House Explodes!


The Campbell & Haliburton Home Insurance Show:

On October 2022 we aired our second Campbell and Haliburton Talk To The Experts Show on CJME 980AM. the theme of our second show was centered around the experience one of our Insurance brokers’, Dave Arnold had – he explains why he appreciates the importance of Home Insurance!  


Part 1


Part 2


Packages for Home Insurance are not one size fits all.  We all have different needs and different budgets. At Campbell & Haliburton, we will help you determine the best home insurance for you. Confused by terms like Prestige, Broad Form, or Comprehensive Insurance?  We’ll explain this to you in ways that will make sense.  Plain talk you can understand – not insurance-speak. Life can be expensive. Protect you and your family with reliable, understandable home insurance from Campbell & Haliburton. We help you look after what is important to you.


Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. We also know insurance inside and out, so please get in touch with us for all of your insurance needs and we will be more than happy to help ensure what you value most is protected.

Campbell & Haliburton's doors opened in 1957. Since then, they have seen run-away inflation, recessions, and now, a global pandemic. Through it all, their doors have remained open as they are committed to providing outstanding service to you. No matter what the next years and decades bring they have committed to continue to stay open to serve you.


Campbell and Haliburton Insurance are a Trusted Regina Insurance provider.

They offer many different insurance policies to protect the most important areas of your life including:


**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.

How to Renew Your Plates Online with Trusted Regina Insurance Provider Campbell & Haliburton Insurance

Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina Home insurance tip, they review how to renew your plates online with SGI in Regina. 

How many times have you woken up Monday morning and realized that your vehicle plate expired over the weekend?  The first thought is always... now what? Over the next 2 blogs, we are going to review.


Here are a couple of things you are going to need before we start: 

  1. Email address
  2. Smartphone
  3. Computer
If you are comfortable using your smartphone and making calls at the same time, then you won’t need your computer. Alright let’s start this process of How to Renew your plates online with SGI in Regina.


Step 1: You are going to have to register your email address

If you aren’t already signed up with MySGI, you need to register a valid email address with them before you can set up your new account.

When you get to this area, there are three possible scenarios and next steps below:

1. You Have a Saskatchewan driver’s licence only:

Register your email address at your local motor licence issuer by calling 1-306-757-0651 or if you are outside of Regina, you can call 1-877-757-0621.

2. You have a Saskatchewan driver’s licence AND an SGI CANADA insurance policy:

Register your email address online with the instructions provided.

3. You have an SGI CANADA insurance policy only:

Register your email address with your local motor licence issuer by calling 1-306-757-0641


Step 2: Create your account

Once your email address is registered, create your new MySGI account with these steps:

  1. Request an activation code
  2. On the Register screen, follow the instructions to get an activation code.
  3. Enter the requested information to verify your identity.
  4. The activation code is then sent to the email address you registered with MySGI.
  5. Register your account
Use the activation code sent to your email address to complete the registration process.
  1. Set up your new account
  2. Create a username and password of your choice.
  3. Read and accept the Terms of use.
  4. Once registered, you can sign into MySGI.
  5. Select Campbell & Haliburton Insurance  as your motor licence issuer
  6. Transaction complete
If have any troubles on how to renew your plates online with SGI in Regina, please let us know, we are here to help you.


Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. We also know insurance inside and out, so please get in touch with us for all of your insurance needs and we will be more than happy to help ensure what you value most is protected.

Campbell & Haliburton's doors opened in 1957. Since then, they have seen run-away inflation, recessions, and now, a global pandemic. Through it all, their doors have remained open as they are committed to providing outstanding service to you. No matter what the next years and decades bring they have committed to continue to stay open to serve you.


Campbell and Haliburton Insurance are a Trusted Regina Insurance provider.

They offer many different insurance policies to protect the most important areas of your life including:


**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.

Talk To The Insurance Experts - Trusted Regina Insurance Provider Campbell & Haliburton Insurance

Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina Home insurance tip, they share the August 2022 Talk To The Experts Regina Home Insurance Show. 


In August 2022 we aired our first Campbell and Haliburton Talk To The Experts Show on CJME 980AM the theme of our first show was Home Insurance!  

Part 1 – Regina Home Insurance Show



Part 2 – Regina Home Insurance Show


Packages for Home Insurance are not one size fits all.  We all have different needs and different budgets. At Campbell & Haliburton,  we will help you determine the best home insurance for you.  Confused by terms like Prestige, Broad Form, or Comprehensive Insurance?  We’ll explain this to you in ways that will make sense.  Plain talk you can understand – not insurance-speak. Life can be expensive. Protect you and your family with reliable, understandable home insurance from Campbell & Haliburton. We help you look after what is important to you.


Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. We also know insurance inside and out, so please get in touch with us for all of your insurance needs and we will be more than happy to help ensure what you value most is protected.

Campbell & Haliburton's doors opened in 1957. Since then, they have seen run-away inflation, recessions, and now, a global pandemic. Through it all, their doors have remained open as they are committed to providing outstanding service to you. No matter what the next years and decades bring they have committed to continue to stay open to serve you.


Campbell and Haliburton Insurance are a Trusted Regina Insurance provider.

They offer many different insurance policies to protect the most important areas of your life including:


**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.

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ADDRESS

S & E Trusted Online Directories Inc
TrustedRegina.com
310 Wall St #209
Saskatoon, SK   S7K 1N7
Ph: 306.244.4150

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