WHICH WOULD YOU RATHER?
Example client:
Female, Age 42, Non Smoker
$350,000 Mortgage life insurance through TD bank = $101.50 Per month
$350,000 Mortgage life insurance through RBC bank = $101.50 Per month
OR
$350,000 10 Year Term policy shopped on the open market and obtained through one of Canada’s top four providers = $27.63 per month
Term Life Insurance
-Term policy death benefits do not decline over time. If you start paying for $350,000 that is what is paid out regardless of current mortgage amount.
-Discounts on your premium if you are a healthy non-smoker - (Very significant savings for older people.)
-You own the insurance and it is not tied to the mortgage lender. You have complete freedom to change mortgage lenders.
-You choose who you want to be the beneficiary.
-Policy is owned by you.
-The older you are the more expensive premiums are - in comparison to a personal policy. Over 15 companies competing for your business - get the best rates available based on your health situation.
-You can combine all your insurance needs and get a lower rate with your own plan.
-You undergo all the underwriting now, and then if there is a payout later the process is simple and your beneficiaries are paid quickly.
Lender Provided Mortgage Life Insurance
-Death benefit declines yet premiums do not decline.
-No discounts on premiums for healthy people.
-The bank controls the money and pays off the mortgage - it is a declining amount.
-Bank is the beneficiary.
-Policy is owned by bank.
-You have a separate policy for the mortgage and other policies for other life insurance needs.
-Application process very simple until a claim is made, then the bank does the full underwriting to determine if a payout is warranted.
For more information please contact:
Dustin Serviss (www.serviss.ca)
(250) 869 1451
The Peacock Sheridan Group
Kelowna, BC.
**Application and medical requirements must be obtained prior to policy issue. Numbers and figures illustrated above are believed to be accurate at time of publication but are subject to change without notice. All quotes are dependent on, age, gender, smoking status and medical underwritting.**
Thursday, June 25, 2009
Wednesday, June 3, 2009
How to get on Google Maps & What can I qualify for with a rental suite?
June 2 2009
Hello my friend
How are you? Have you been out on the course yet? I am nursing a bad shoulder but hopefully will be able to get out there in a couple weeks.
Summer activities to keep the kids busy
http://www.summeractivitiesforkids.co.uk/ - This is a UK site but the activities and input are all relevant.
Free Google Exposure
You know when you "Google" a business and the map comes up with the little red pointers on it... if I told you that service was free, would you like to know how to do it? If you do not know what I mean or want an example, Google; Dustin Serviss Kelowna
It is free and very effective for increasing your online profile, business or personal. When potential customers search Maps for local information, they'll find your business (address, hours of operation, even photos of your storefront or products). It's easy, free, and you don't need a website of your own.
Click here: http://maps.google.com/ - then click "Put your business on Google Maps" & follow the instructions.
I just did it for myself so if you need any help let me know.
Exciting Horizon (Call me today) - There are a lot of exciting things happening in the insurance, investment and refinancing arena's. If it has been a while since you reviewed your situation or you have been meaning to get in, do it before the summer craziness begins.
How much financial help does a suite provide for getting a mortgage?
I recently received an illustration from a local mortgage broker outlining the advantages of having a suite. It shows how a person with an income of $47,500 per year can afford a $425,000 mortgage and have a monthly payment of approx. $820 (some variables apply - See attached document) Info provided by Michelle Haddad of Lending Max - Kelowna.
Dustin
www.serviss.ca
Hello my friend
How are you? Have you been out on the course yet? I am nursing a bad shoulder but hopefully will be able to get out there in a couple weeks.
Summer activities to keep the kids busy
http://www.summeractivitiesforkids.co.uk/ - This is a UK site but the activities and input are all relevant.
Free Google Exposure
You know when you "Google" a business and the map comes up with the little red pointers on it... if I told you that service was free, would you like to know how to do it? If you do not know what I mean or want an example, Google; Dustin Serviss Kelowna
It is free and very effective for increasing your online profile, business or personal. When potential customers search Maps for local information, they'll find your business (address, hours of operation, even photos of your storefront or products). It's easy, free, and you don't need a website of your own.
Click here: http://maps.google.com/ - then click "Put your business on Google Maps" & follow the instructions.
I just did it for myself so if you need any help let me know.
Exciting Horizon (Call me today) - There are a lot of exciting things happening in the insurance, investment and refinancing arena's. If it has been a while since you reviewed your situation or you have been meaning to get in, do it before the summer craziness begins.
How much financial help does a suite provide for getting a mortgage?
I recently received an illustration from a local mortgage broker outlining the advantages of having a suite. It shows how a person with an income of $47,500 per year can afford a $425,000 mortgage and have a monthly payment of approx. $820 (some variables apply - See attached document) Info provided by Michelle Haddad of Lending Max - Kelowna.
Dustin
www.serviss.ca
Exciting News - Central Okanagan Foundation & Charity Life Direct!!
May 12th 2009
Hello my friend,
I am excited to share with you that the first local Foundation has got on board with the Charity Life Direct program. Over the past year there have been a number of exciting changes, one of them being the change in our Underwriter. We are pleased to announce BMO Life Assurance Company is now the new issuer of policies through Charity Life Direct. In the early part of 2009, AIG Life of Canada was bought by BMO.
I am proud to announce the Central Okanagan Foundation has recently aligned themselves with the Charity Life Direct team in an effort to enhance their planned giving program.
We recently attended the annual CAGP (Canadian Association of Gift Planners - CAGP) conference in Niagara Falls, April 22, 23 & 24th. We had a representative from BMO there on hand to answer any questions and the feed back we received was fantastic.
On another note, since recently going through all the hoops with another large Foundation and really breaking down all the details of the program, I am even more energetic to bring this program to the Donor's of Kelowna. The program was 25 years in the making and is still the only one of its kind in Canada.
Big or small your foundation, charity or church has access to this program. It is an effortless process to become part of something truly innovative. Let's enhance your organization's planned giving program together!
Call for an appointment today.
Dustin
www.serviss.ca
Hello my friend,
I am excited to share with you that the first local Foundation has got on board with the Charity Life Direct program. Over the past year there have been a number of exciting changes, one of them being the change in our Underwriter. We are pleased to announce BMO Life Assurance Company is now the new issuer of policies through Charity Life Direct. In the early part of 2009, AIG Life of Canada was bought by BMO.
I am proud to announce the Central Okanagan Foundation has recently aligned themselves with the Charity Life Direct team in an effort to enhance their planned giving program.
We recently attended the annual CAGP (Canadian Association of Gift Planners - CAGP) conference in Niagara Falls, April 22, 23 & 24th. We had a representative from BMO there on hand to answer any questions and the feed back we received was fantastic.
On another note, since recently going through all the hoops with another large Foundation and really breaking down all the details of the program, I am even more energetic to bring this program to the Donor's of Kelowna. The program was 25 years in the making and is still the only one of its kind in Canada.
Big or small your foundation, charity or church has access to this program. It is an effortless process to become part of something truly innovative. Let's enhance your organization's planned giving program together!
Call for an appointment today.
Dustin
www.serviss.ca
Use your life insurance when you are still living
May 5th 2009
Hello my friend,
1) How to actually use your own life insurance to enhance your life style now...
2) Great Calculator Website...
3) Creative Mothers Day Gifts...
4) Recent Investment Moves...
1) How to actually use your own life insurance to enhance your life style now...
- My goal is to illustrate a concept many are unaware of. Use your life insurance while you are living... Interesting thought isn't it?
Please understand there are variables in this example and I can provide all my background material upon request. Better yet, if you would like to see if you could qualify for this program, please give me a call. Please remember the numbers are not set in stone and are all relative, if you need more or less coverage your deposit amount will reflect that, pretty simple.
Male, Age 32, Non-Smoker - $300,000 of Life Insurance. Here are the basics:
- He deposits $600 per month into this savings vehicle ($7,200 per year) for 10 years... after which he will stop the deposit.
- Based on the projected dividend rates (100 year track record) he will have life insurance paid up for life. * no further deposits required after yr.10
- At age 60 he will have a guaranteed cash value of $130,000
- At age 60 based on the current dividend scale there would be a total Cash Value and Dividend Value of $266,000 (which can be used to collateralize a loan from the bank and provide him retirement income)
- At age 60 the death benefit would be approx. $552,000 (and growing if an income stream was not being taken)
- Consider this plan a guaranteed (tax sheltered) savings plan with the added benefit of Life Insurance
- Fixed income investments attract the highest tax according to CRA, this insurance savings plan gives you access to a solid fixed income vehicle with the advantage of tax sheltering.
Remember this policy holder only made 10 deposits of $7,200 = $72,000... Yet he has a growing cash value and an increasing death benefit. I have attached an article that outlines how you can utilize that cash in the policy to supplement retirement income in a tax effective manor. Please see PAGE 8.
This concept should be reviewed in person and a personal illustration should be run before ANY decisions are made. Come in today and see if we can enhance your guaranteed savings plan. In market times like now, guaranteed investment vehicles are looking rather attractive, why not bundle your fixed income investments (which attract the highest tax rate) and your life insurance together to produce tax effective growth.
2) Great Calculator Site... http://www.dinkytown.net/
- This is a fantastic site I have been using for a couple months now (scroll down for Canadian specific calcs). It has all sorts of interesting calculators along with your staple financial calculators. Some valuable ones are: Auto lease vs auto purchase, Rent vs. Buy Real Estate, Cool Million, Life Insurance Calc...
3) Creative Mothers Day Gifts...
http://www.gifts.com/occasions/mothers-day/her/o11hFr6aicp849n?featuredIdea=8330
4) Recent Investment Moves
- AT&T, General Mills, General Electric and Coca-Cola have been sold out of the Foreign Equity Pool. Schlumberger, Deere and Co. and BHP Billiton have been added. To give you a sense of our philosophy I have attached a summary report I received directly from the Director of Research himself on April 15th 2009. I have not diluted the info and it is all right there. It is only half a page but after reading it you will understand our thought process when a buy or sell decision is made.
I look forward to your continued trust and as always if you, your co-workers, friends or family have any questions I am never too busy for your/their call.
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Hello my friend,
1) How to actually use your own life insurance to enhance your life style now...
2) Great Calculator Website...
3) Creative Mothers Day Gifts...
4) Recent Investment Moves...
1) How to actually use your own life insurance to enhance your life style now...
- My goal is to illustrate a concept many are unaware of. Use your life insurance while you are living... Interesting thought isn't it?
Please understand there are variables in this example and I can provide all my background material upon request. Better yet, if you would like to see if you could qualify for this program, please give me a call. Please remember the numbers are not set in stone and are all relative, if you need more or less coverage your deposit amount will reflect that, pretty simple.
Male, Age 32, Non-Smoker - $300,000 of Life Insurance. Here are the basics:
- He deposits $600 per month into this savings vehicle ($7,200 per year) for 10 years... after which he will stop the deposit.
- Based on the projected dividend rates (100 year track record) he will have life insurance paid up for life. * no further deposits required after yr.10
- At age 60 he will have a guaranteed cash value of $130,000
- At age 60 based on the current dividend scale there would be a total Cash Value and Dividend Value of $266,000 (which can be used to collateralize a loan from the bank and provide him retirement income)
- At age 60 the death benefit would be approx. $552,000 (and growing if an income stream was not being taken)
- Consider this plan a guaranteed (tax sheltered) savings plan with the added benefit of Life Insurance
- Fixed income investments attract the highest tax according to CRA, this insurance savings plan gives you access to a solid fixed income vehicle with the advantage of tax sheltering.
Remember this policy holder only made 10 deposits of $7,200 = $72,000... Yet he has a growing cash value and an increasing death benefit. I have attached an article that outlines how you can utilize that cash in the policy to supplement retirement income in a tax effective manor. Please see PAGE 8.
This concept should be reviewed in person and a personal illustration should be run before ANY decisions are made. Come in today and see if we can enhance your guaranteed savings plan. In market times like now, guaranteed investment vehicles are looking rather attractive, why not bundle your fixed income investments (which attract the highest tax rate) and your life insurance together to produce tax effective growth.
2) Great Calculator Site... http://www.dinkytown.net/
- This is a fantastic site I have been using for a couple months now (scroll down for Canadian specific calcs). It has all sorts of interesting calculators along with your staple financial calculators. Some valuable ones are: Auto lease vs auto purchase, Rent vs. Buy Real Estate, Cool Million, Life Insurance Calc...
3) Creative Mothers Day Gifts...
http://www.gifts.com/occasions/mothers-day/her/o11hFr6aicp849n?featuredIdea=8330
4) Recent Investment Moves
- AT&T, General Mills, General Electric and Coca-Cola have been sold out of the Foreign Equity Pool. Schlumberger, Deere and Co. and BHP Billiton have been added. To give you a sense of our philosophy I have attached a summary report I received directly from the Director of Research himself on April 15th 2009. I have not diluted the info and it is all right there. It is only half a page but after reading it you will understand our thought process when a buy or sell decision is made.
I look forward to your continued trust and as always if you, your co-workers, friends or family have any questions I am never too busy for your/their call.
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Lease vs Buying a Car
April 30th 2009
Hello my friend,
I only share this with the membership of the Chamber as the response back from my existing client base was so positive. Here are three informative topics.
1) Tomorrow you pass away with no Will... now what?
2) Do you lease vs. buying a car?
Ever wondered what happens if you pass away without a Will?
Click this link for all the answers:
http://www.cba.org/BC/public_media/wills/177.aspx
(copy/paste if it doesn't load when clicked)
Remember 'your' debt (or your parents debt) does not go away when you/they pass on? I recently encountered a client file where a final parent passed away with debt, pretty normal right? Well the parent’s principle residence has been sitting on the market for sometime (9 months) unable to sell… meanwhile the children have had to re-mortgage their own homes to satisfy paying off a maxed out line of credit held by the deceased parent.… Not exactly what the children expected to say the least while dealing with the loss of their parent all at the same time.
It is inevitable that one day this is going to need to be addressed, why not address it now so everything can be mapped out, or at least somewhat mapped out. It is fact that the three most NOT talking about topics within a family are: Money, Death, and Sex/Relationships. As much as I like to think I have relationships figured out I will leave that for you and your family to sort out but the first two I am very confident our group has the tools and resources to help you.
If you would like to see if your situation (or your parents situation) can be enhanced please give us a call, if nothing else, your family will know everything is, in fact, taken care of. With a combined 39 years of experience in estate planning, there is little, Brent, Grant or myself haven't seen before and if it is, our resource team will definitely be able to solve your problem.
Should I lease or buy a vehicle:
This site is a great resource that you could share with your clients as it is not biased one way or the other. They provide a simple to follow way of understanding both sides of the coin. - http://www.leaseguide.com/lease03.htm
I hope all of you are doing well and if you are on Facebook or Twitter, add me ('Serviss') and keep an eye on the Status Lines.
Take care
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Hello my friend,
I only share this with the membership of the Chamber as the response back from my existing client base was so positive. Here are three informative topics.
1) Tomorrow you pass away with no Will... now what?
2) Do you lease vs. buying a car?
Ever wondered what happens if you pass away without a Will?
Click this link for all the answers:
http://www.cba.org/BC/public_media/wills/177.aspx
(copy/paste if it doesn't load when clicked)
Remember 'your' debt (or your parents debt) does not go away when you/they pass on? I recently encountered a client file where a final parent passed away with debt, pretty normal right? Well the parent’s principle residence has been sitting on the market for sometime (9 months) unable to sell… meanwhile the children have had to re-mortgage their own homes to satisfy paying off a maxed out line of credit held by the deceased parent.… Not exactly what the children expected to say the least while dealing with the loss of their parent all at the same time.
It is inevitable that one day this is going to need to be addressed, why not address it now so everything can be mapped out, or at least somewhat mapped out. It is fact that the three most NOT talking about topics within a family are: Money, Death, and Sex/Relationships. As much as I like to think I have relationships figured out I will leave that for you and your family to sort out but the first two I am very confident our group has the tools and resources to help you.
If you would like to see if your situation (or your parents situation) can be enhanced please give us a call, if nothing else, your family will know everything is, in fact, taken care of. With a combined 39 years of experience in estate planning, there is little, Brent, Grant or myself haven't seen before and if it is, our resource team will definitely be able to solve your problem.
Should I lease or buy a vehicle:
This site is a great resource that you could share with your clients as it is not biased one way or the other. They provide a simple to follow way of understanding both sides of the coin. - http://www.leaseguide.com/lease03.htm
I hope all of you are doing well and if you are on Facebook or Twitter, add me ('Serviss') and keep an eye on the Status Lines.
Take care
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Market update & Rainbow One Hour Photo Kelowna
April 8th 2009
Hello my friend,
1) 1 month return = 25.96% 2) Inspirational Video Relief. 3) AIG Policy Owners. 4) Recent Local Experience.
Investment Update
Congratulations to all of you who have continued to invest through this interesting time. You were rewarded over the last month or so. We are not naive to know the market goes in two directions and we have just gone through one of the quickest declines in history, at the same time if you have a window of time before retirement, there is a world of opportunity out there for you RIGHT NOW.
VPI Cardinal Canadian Equity Pool = +25.96% (From Mar. 6 2009 - April 6 2009 a $10,000 investment could have made you $2,596, gross of taxes)
These Return on Investment numbers are not guaranteed, but if the financial markets continue to regain steam investors will start to realize, established, blue chip, dividend increasing companies might be seriously undervalued. What does that mean to you the investor with us, when something is undervalued and the value is realized the stock potentially goes up and you make money. Long story short, come in and see us and we will show you how easy this investment model really is to understand.
Recent client question: What is a better investment, Real Estate, Stock (a business) or Gold. See attachment for our simple illustration illustration.
Inspirational Video Relief - If you have 1 minute and are looking for a break:
Business inspiration can come in many forms. When I saw this it made me realize anything is possible.
Snowmobiles & Double Back flips: http://www.youtube.com/watch?v=XueL0FDjL6o
AIG policy holders
It is official AIG Life of Canada has completed its transaction with BMO. I've attached the letter from the CEO himself. My goal is that the comfort letter will show you what happens when a Life Insurance Company is sold and how policy holders are affected.
Positive experiences with local businesses:
- Rainbow One Hour Photo (In the Orchard Park mall)
I recently wanted to get a couple portrait photos taken for a marketing campaign. When I did my research it became evident that no photographer really wanted to help take just a couple photos. I only needed approximately 5 proofs of head and shoulders. Anyway I went and saw Hao Van at Rainbow One Hour Photo in the mall. He listened to what I want and got the job done for a reasonable price.
I look forward to your continued trust and as always if you, your co-workers, friends or family have any questions I am never too busy for your call.
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Hello my friend,
1) 1 month return = 25.96% 2) Inspirational Video Relief. 3) AIG Policy Owners. 4) Recent Local Experience.
Investment Update
Congratulations to all of you who have continued to invest through this interesting time. You were rewarded over the last month or so. We are not naive to know the market goes in two directions and we have just gone through one of the quickest declines in history, at the same time if you have a window of time before retirement, there is a world of opportunity out there for you RIGHT NOW.
VPI Cardinal Canadian Equity Pool = +25.96% (From Mar. 6 2009 - April 6 2009 a $10,000 investment could have made you $2,596, gross of taxes)
These Return on Investment numbers are not guaranteed, but if the financial markets continue to regain steam investors will start to realize, established, blue chip, dividend increasing companies might be seriously undervalued. What does that mean to you the investor with us, when something is undervalued and the value is realized the stock potentially goes up and you make money. Long story short, come in and see us and we will show you how easy this investment model really is to understand.
Recent client question: What is a better investment, Real Estate, Stock (a business) or Gold. See attachment for our simple illustration illustration.
Inspirational Video Relief - If you have 1 minute and are looking for a break:
Business inspiration can come in many forms. When I saw this it made me realize anything is possible.
Snowmobiles & Double Back flips: http://www.youtube.com/watch?v=XueL0FDjL6o
AIG policy holders
It is official AIG Life of Canada has completed its transaction with BMO. I've attached the letter from the CEO himself. My goal is that the comfort letter will show you what happens when a Life Insurance Company is sold and how policy holders are affected.
Positive experiences with local businesses:
- Rainbow One Hour Photo (In the Orchard Park mall)
I recently wanted to get a couple portrait photos taken for a marketing campaign. When I did my research it became evident that no photographer really wanted to help take just a couple photos. I only needed approximately 5 proofs of head and shoulders. Anyway I went and saw Hao Van at Rainbow One Hour Photo in the mall. He listened to what I want and got the job done for a reasonable price.
I look forward to your continued trust and as always if you, your co-workers, friends or family have any questions I am never too busy for your call.
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
What happens when you die without a 'Will'?
Mar 16th 2009
Hello my friend,
1) Dying without a Will. 2) Need a laugh. 3) Stock of the Month. 4) What the world is watching on You Tube.
In every meeting I ask, “do you have a will?” 60% say; “no… but I am going to get one.” I do not write Wills, I do not get paid for referring lawyers Will clients, but I do know, I would rather have you decide how your estate is divided, not the provincial government… The thought of the day …
What happens if you die without a Will?
Remember your debt (or your parents) does not go away when you/they pass on? I recently encountered a case where a final parent passed away with debt, pretty normal right. Well the parent’s principle residence has been sitting on the market for sometime unable to sell… meanwhile the children have had to re-mortgage their own homes to satisfy paying off a maxed out line of credit held by the deceased parent.… Not what the children expected to say the least while dealing with the loss of their parent all at the same time.
It is inevitable that one day this is going to need to be addressed, why not address it now so everything can be mapped out, or at least somewhat laid out. With a combined 39 years of experience in estate planning, if you ever need a wake up call just ask us to share a couple stories.
It is fact that the three most NOT talking about topics within a family are: Money, Death, and Sex/Relationships. As much as I like to think I have relationships figured out I will leave that for you and your family to sort out but the first two I am very confident I have the tools and resources to help you. Help you in a way that is not intrusive and extremely productive.
If you would like to see if your situation (or your parents situation) can be enhanced please give us a call, if nothing else, your family will know everything is, in fact taken care of.
Need a laugh:
The following are actual statements found on insurance forms where car drivers attempted to summarize the details of an accident in the fewest words. These instances of faulty writing serve to confirm that even incompetent writing may be highly entertaining.
See the “need a laugh” attachment.
STOCK OF THE MONTH: Visa Corp. (V)
In February, American Express announced an incentive program under which it will pay cardholders $300 to flatten their balances and close their accounts. By paying its customers to leave, Amex has revealed the perils of being a card issuer which also assumes credit risk. In contrast, Visa does not expose itself to its clients’ ability (or inability) to pay off their debts – in Visa’s case, default risk is assumed by the card issuing bank. Not coincidentally, in February Visa reported a 35% jump in quarterly earnings backed by a 12% rise in transaction volume over the same period last year. Visa is one of the 26 equity holdings in the Value Partners Balanced Pool.
To see what other stocks are in the pool see attachment (VPI DM Balanced Pool), do you recognize any of them…which corporations don’t you like or which ones do you think are bad companies? Also included is a Market Update for March.
his is not a trade recommendation and only intends to inform. If you are considering trading any stock you should always seek financial council.
What people are watching on Youtube...
Here is the link to the MOST VIEWED Youtube videos on the internet... I was shocked:
http://www.youtube.com/browse?s=mp&t=a
I look forward to your continued trust and as always if you, your co-workers, friends or family have any questions I am never too busy for your call.
Take care
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Hello my friend,
1) Dying without a Will. 2) Need a laugh. 3) Stock of the Month. 4) What the world is watching on You Tube.
In every meeting I ask, “do you have a will?” 60% say; “no… but I am going to get one.” I do not write Wills, I do not get paid for referring lawyers Will clients, but I do know, I would rather have you decide how your estate is divided, not the provincial government… The thought of the day …
What happens if you die without a Will?
Remember your debt (or your parents) does not go away when you/they pass on? I recently encountered a case where a final parent passed away with debt, pretty normal right. Well the parent’s principle residence has been sitting on the market for sometime unable to sell… meanwhile the children have had to re-mortgage their own homes to satisfy paying off a maxed out line of credit held by the deceased parent.… Not what the children expected to say the least while dealing with the loss of their parent all at the same time.
It is inevitable that one day this is going to need to be addressed, why not address it now so everything can be mapped out, or at least somewhat laid out. With a combined 39 years of experience in estate planning, if you ever need a wake up call just ask us to share a couple stories.
It is fact that the three most NOT talking about topics within a family are: Money, Death, and Sex/Relationships. As much as I like to think I have relationships figured out I will leave that for you and your family to sort out but the first two I am very confident I have the tools and resources to help you. Help you in a way that is not intrusive and extremely productive.
If you would like to see if your situation (or your parents situation) can be enhanced please give us a call, if nothing else, your family will know everything is, in fact taken care of.
Need a laugh:
The following are actual statements found on insurance forms where car drivers attempted to summarize the details of an accident in the fewest words. These instances of faulty writing serve to confirm that even incompetent writing may be highly entertaining.
See the “need a laugh” attachment.
STOCK OF THE MONTH: Visa Corp. (V)
In February, American Express announced an incentive program under which it will pay cardholders $300 to flatten their balances and close their accounts. By paying its customers to leave, Amex has revealed the perils of being a card issuer which also assumes credit risk. In contrast, Visa does not expose itself to its clients’ ability (or inability) to pay off their debts – in Visa’s case, default risk is assumed by the card issuing bank. Not coincidentally, in February Visa reported a 35% jump in quarterly earnings backed by a 12% rise in transaction volume over the same period last year. Visa is one of the 26 equity holdings in the Value Partners Balanced Pool.
To see what other stocks are in the pool see attachment (VPI DM Balanced Pool), do you recognize any of them…which corporations don’t you like or which ones do you think are bad companies? Also included is a Market Update for March.
his is not a trade recommendation and only intends to inform. If you are considering trading any stock you should always seek financial council.
What people are watching on Youtube...
Here is the link to the MOST VIEWED Youtube videos on the internet... I was shocked:
http://www.youtube.com/browse?s=mp&t=a
I look forward to your continued trust and as always if you, your co-workers, friends or family have any questions I am never too busy for your call.
Take care
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Ultimate Birthday Present & Succession Planning
Feb 12th 2009
Hello my friend !
Here are 4 diverse things you may not have known before...
Ultimate Birthday Present:
Did you know that for $1,695 US you could go to a 2 day flying school and learn how to fly fighter planes. No license required, no prior experience needed and the only thing that is a simulation is the bullets.
http://www.fightercombat.com/catalog/Air_Combat-1-1.html
Continue talking to your parents/children:
Did you know that if you ask a group of older adults, what do you have the most trouble talking to your children about?
The Standard Answer: Money, Death & Relationships
Did you know if you asked the younger group, what do you have the most trouble talking to your parents about?
Yep, you guessed: Money, Death & Relationships
I am really encouraging you whether you are on one end of the scale or the other (or even both). Start communicating throughout your generations. If you are having trouble facilitating a family meeting or if finding the "right" time is too hard, let me and my Team step in and help. We have found great success in using this system to help families address the items that need to be checked off. The meetings can be separate or all together. The goal of the meeting is to make sure when wealth is transferred through generations it is done in the most cost effective way (more money for the family and less money for the government).
Government Benefits:
Did you know the Pension amounts the Government slated for 2009:
Check out the attachment for the current OAS and CPP pension amounts...
Trying new things:
Did you know that Cougar and Bear meat are actually quite tasty. I recently attended a wild game dinner in Peachland where a spread of Elk, Moose, Bison, Cougar, Bear, Arctic Char were served in an amazing spread. If you want to try something new I would suggest at least venturing out once.
As always if you or any of your peer group (co-workers, friends, family or business associates) have any questions regarding; insurance, investment or accelerated mortgage pay down programs, my door is always open.
Take care
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Hello my friend !
Here are 4 diverse things you may not have known before...
Ultimate Birthday Present:
Did you know that for $1,695 US you could go to a 2 day flying school and learn how to fly fighter planes. No license required, no prior experience needed and the only thing that is a simulation is the bullets.
http://www.fightercombat.com/catalog/Air_Combat-1-1.html
Continue talking to your parents/children:
Did you know that if you ask a group of older adults, what do you have the most trouble talking to your children about?
The Standard Answer: Money, Death & Relationships
Did you know if you asked the younger group, what do you have the most trouble talking to your parents about?
Yep, you guessed: Money, Death & Relationships
I am really encouraging you whether you are on one end of the scale or the other (or even both). Start communicating throughout your generations. If you are having trouble facilitating a family meeting or if finding the "right" time is too hard, let me and my Team step in and help. We have found great success in using this system to help families address the items that need to be checked off. The meetings can be separate or all together. The goal of the meeting is to make sure when wealth is transferred through generations it is done in the most cost effective way (more money for the family and less money for the government).
Government Benefits:
Did you know the Pension amounts the Government slated for 2009:
Check out the attachment for the current OAS and CPP pension amounts...
Trying new things:
Did you know that Cougar and Bear meat are actually quite tasty. I recently attended a wild game dinner in Peachland where a spread of Elk, Moose, Bison, Cougar, Bear, Arctic Char were served in an amazing spread. If you want to try something new I would suggest at least venturing out once.
As always if you or any of your peer group (co-workers, friends, family or business associates) have any questions regarding; insurance, investment or accelerated mortgage pay down programs, my door is always open.
Take care
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Note to the Kelowna Chamber membership
Feb 9th 2009
Hello my friend,
Over the past 3 years I have enjoyed meeting lots of you at Chamber events, client appreciation parties, or in the business community in general. I look forward to meeting anyone I haven't in the coming years.
I appreciate all the emails I receive from all of you regarding your businesses. The more I know/understand about your business the more effective I will be in facilitating strategic introductions for you.
To help build further unity within the membership I would like to share a couple ways we help our clients:
Enhanced family protection:
- Life Insurance - Innovative strategies whereby your business owns your life insurance, creating tax shelters without sacrificing the Tax Free Death Benefit to your estate...
- Disability Coverage - If you are injured and unable to work, what options are available to you? Did you know some companies offer coverage that if you do not make a claim they give your premiums back, imagine if ICBC did that, not likely!
- Critical Illness coverage - Could a serious illness impact your retirement plan, business operation, or family life?
More personal freedom:
Home equity access...
Mortgage interest savings...
Potentially lower payments...
Accelerated home debt pay down strategies...
Wealth Accumulation strategies with a cash flow component to capitalize on down and flat market conditions. It is critical that your money is positioned properly now to get the greatest results heading into the future.
I look forward to seeing you all at either:
Kelowna Laser Vision - February 19, 2009
Christopher's Seafood, Steak and Lounge - March 19, 2009
If you have any questions about the above please feel free to contact us.
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
Hello my friend,
Over the past 3 years I have enjoyed meeting lots of you at Chamber events, client appreciation parties, or in the business community in general. I look forward to meeting anyone I haven't in the coming years.
I appreciate all the emails I receive from all of you regarding your businesses. The more I know/understand about your business the more effective I will be in facilitating strategic introductions for you.
To help build further unity within the membership I would like to share a couple ways we help our clients:
Enhanced family protection:
- Life Insurance - Innovative strategies whereby your business owns your life insurance, creating tax shelters without sacrificing the Tax Free Death Benefit to your estate...
- Disability Coverage - If you are injured and unable to work, what options are available to you? Did you know some companies offer coverage that if you do not make a claim they give your premiums back, imagine if ICBC did that, not likely!
- Critical Illness coverage - Could a serious illness impact your retirement plan, business operation, or family life?
More personal freedom:
Home equity access...
Mortgage interest savings...
Potentially lower payments...
Accelerated home debt pay down strategies...
Wealth Accumulation strategies with a cash flow component to capitalize on down and flat market conditions. It is critical that your money is positioned properly now to get the greatest results heading into the future.
I look forward to seeing you all at either:
Kelowna Laser Vision - February 19, 2009
Christopher's Seafood, Steak and Lounge - March 19, 2009
If you have any questions about the above please feel free to contact us.
Dustin
www.serviss.ca
Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452
A note for the membership of the Kelowna Chamber
Dec 15 2008
Hello
Since we are both members of the Kelowna Chamber of Commerce I would assume we share the common interest of growing our businesses.
Would you find value in:
Guaranteed wealth accumulation strategies for business owners...
Connecting with more potential clients...
Holding a client appreciation event that people talked about well into the future...
If the current state of the market has you seeking innovative, tax preferred, wealth accumulation strategies, then feel free to view a recently posted article on my site. Items addressed include:
If you should incorporate your business or why you would consider it? What benefits does it allow and what to watch out for? If you are already incorporated, included are a couple strategies that you may want to explore. http://www.serviss.ca/corporate-insights.html
After 7 years in the business community and previously serving as a Membership Ambassador for 2 years, I may have a connection or two that can help you build your business. If there is someone in the membership you want to be introduced to, feel free to send me an email and I will do my best to create an introduction for you.
The other medium I may be able to help is through the use of my client appreciation events. If you would like to do a "creative" mutual client event I would be open to discussing ideas.
My contact information is below or can be found on my website: www.serviss.ca
To see where you may be able to enhance your current situation, email myself or my assistant to organise a 20 minute meeting. If I do not hear from you, I look forward to meeting at the next Chamber function or in everyday business.
MERRY CHRISTMAS!
Dustin
www.serviss.ca
Hello
Since we are both members of the Kelowna Chamber of Commerce I would assume we share the common interest of growing our businesses.
Would you find value in:
Guaranteed wealth accumulation strategies for business owners...
Connecting with more potential clients...
Holding a client appreciation event that people talked about well into the future...
If the current state of the market has you seeking innovative, tax preferred, wealth accumulation strategies, then feel free to view a recently posted article on my site. Items addressed include:
If you should incorporate your business or why you would consider it? What benefits does it allow and what to watch out for? If you are already incorporated, included are a couple strategies that you may want to explore. http://www.serviss.ca/corporate-insights.html
After 7 years in the business community and previously serving as a Membership Ambassador for 2 years, I may have a connection or two that can help you build your business. If there is someone in the membership you want to be introduced to, feel free to send me an email and I will do my best to create an introduction for you.
The other medium I may be able to help is through the use of my client appreciation events. If you would like to do a "creative" mutual client event I would be open to discussing ideas.
My contact information is below or can be found on my website: www.serviss.ca
To see where you may be able to enhance your current situation, email myself or my assistant to organise a 20 minute meeting. If I do not hear from you, I look forward to meeting at the next Chamber function or in everyday business.
MERRY CHRISTMAS!
Dustin
www.serviss.ca
To incorporate your business or not...
Dec 4th 2008
Hello my friend,
If I do not see you before the holiday season I wish you all the best and I look forward to sharing an exciting 2009!
A couple thoughts to ponder:
1) To incorporate your business or not and strategies for the already incorporated? Wondering if you should incorporate your business or why would you consider it? What benefits does it allow and what to watch out for? If you are already incorporated, here are a couple strategies that you may want to explore. Link...
http://www.serviss.ca/corporate-insights.html
2) ManuOne - If you would like to be referred to a ManuOne Rep, please give me a call.
3) Personal Snap Shot - I have attached a review questionnaire that, if completed could be used for a number of purposes (It only takes about 5 minutes to complete):
- See what your situation looks like in a clear and easy to understand 3-pager.
- Send it to your accountant or fax it ahead of your 2009 meeting. This info will give him/her a head start on your file and could save you money if he/she doesn't have to ask you the questions in person.
- Put it in your safety deposit box or "special" filing cabinet and if in the event you pass away, it will provide your executors a central place to start from when cleaning up your estate.
- Send it to me and we will do a full analysis of it (or we can complete it together). We will share opportunities that could do one or all of the following; save you money, grow your money or cover any areas of risk. We will share solutions that are not product related, an example may be, lease vs. buying a vehicle...
I look forward to your continued trust!
Take care
Dustin
www.serviss.ca
Dustin T. Serviss, RHU
Associate
Hello my friend,
If I do not see you before the holiday season I wish you all the best and I look forward to sharing an exciting 2009!
A couple thoughts to ponder:
1) To incorporate your business or not and strategies for the already incorporated? Wondering if you should incorporate your business or why would you consider it? What benefits does it allow and what to watch out for? If you are already incorporated, here are a couple strategies that you may want to explore. Link...
http://www.serviss.ca/corporate-insights.html
2) ManuOne - If you would like to be referred to a ManuOne Rep, please give me a call.
3) Personal Snap Shot - I have attached a review questionnaire that, if completed could be used for a number of purposes (It only takes about 5 minutes to complete):
- See what your situation looks like in a clear and easy to understand 3-pager.
- Send it to your accountant or fax it ahead of your 2009 meeting. This info will give him/her a head start on your file and could save you money if he/she doesn't have to ask you the questions in person.
- Put it in your safety deposit box or "special" filing cabinet and if in the event you pass away, it will provide your executors a central place to start from when cleaning up your estate.
- Send it to me and we will do a full analysis of it (or we can complete it together). We will share opportunities that could do one or all of the following; save you money, grow your money or cover any areas of risk. We will share solutions that are not product related, an example may be, lease vs. buying a vehicle...
I look forward to your continued trust!
Take care
Dustin
www.serviss.ca
Dustin T. Serviss, RHU
Associate
Serviss Race Car Networking Night Winners
Sept 26th 2008
Hello guys!!!
Thanks again for coming out! I think there were tons of laughs and for all of you that ripped up the grass, I never ended up having to leave any of my damage deposit... Next time though, please keep your cars on the track.
Judging by the feed back in the last couple days you all had a blast and I am excited to start planning next quarters event.
Nice work to:
Fastest Lap Time - Calvin Link (Kettle Valley Homes) = 49.25
Runner Up - Chris Whitney (Royal LePage Kelowna)
Cash Winner's
- Grant Venier (EarthTech Canada - Now AECOM)
- Darryl Reuter (Royal LePage Kelowna)
- Lee Ivans (Royal LePage Kelowna)
Also a special thanks to our Prize Sponsors:
Pat Fountain - Soleil Body Cleansing Studios
Chris Collins - Okanagan Peak Performance
Chris Zimmermann - Big Slick Custom Poker Tables
Dr. Brett Phillips - Naturopathic Healthcare
The Peacock Sheridan Group
Darren Prowse - Grand Prix Kelowna
Please find my website link below and I encourage you to have a look when time permits. I would be more than happy to answer any questions you may have.
Take care
Dustin
www.serviss.ca
Hello guys!!!
Thanks again for coming out! I think there were tons of laughs and for all of you that ripped up the grass, I never ended up having to leave any of my damage deposit... Next time though, please keep your cars on the track.
Judging by the feed back in the last couple days you all had a blast and I am excited to start planning next quarters event.
Nice work to:
Fastest Lap Time - Calvin Link (Kettle Valley Homes) = 49.25
Runner Up - Chris Whitney (Royal LePage Kelowna)
Cash Winner's
- Grant Venier (EarthTech Canada - Now AECOM)
- Darryl Reuter (Royal LePage Kelowna)
- Lee Ivans (Royal LePage Kelowna)
Also a special thanks to our Prize Sponsors:
Pat Fountain - Soleil Body Cleansing Studios
Chris Collins - Okanagan Peak Performance
Chris Zimmermann - Big Slick Custom Poker Tables
Dr. Brett Phillips - Naturopathic Healthcare
The Peacock Sheridan Group
Darren Prowse - Grand Prix Kelowna
Please find my website link below and I encourage you to have a look when time permits. I would be more than happy to answer any questions you may have.
Take care
Dustin
www.serviss.ca
Serviss Race Car Networking Night
Sept 16th 2008
Hello guys!
Thanks to all of you that have responded I appreciate it and I can guarantee there will be some laughs!
Michelle and I are just trying to get an idea of the numbers for the event. I also need the figures so I can apply for my liquor license required before the event. If you could please respond ASAP (if you haven't already) that would be great. As I told a couple of you, if you are unsure of an entrepreneur to bring, I won't turn you away at the door if you brought a good guy who needs, insurance, investment or leverage planning who is not an entrepreneur.
Have a great day!
These are the details:
Your job - Bring an entrepreneur or someone successful, who I hopefully do not already know, who would find value in my services. (Services are outlined on www.serviss.ca)
2 Hours of unlimited race track time @ Grand Prix Kelowna. (Our group will have full access to the race cars)
Cash ($$$) prizes
*if you want to get some exposure for your business at the event feel free to donate a prize, more prizes means more fun*
Food & Beverage Included: Pizza, Veggies, Beer, Pop
Date: Tuesday - September 23rd 2008
Time: 3:50 - 4:00 pm Registration (Mandatory - valid drivers license required)
4:00 - 5:50 pm Racing
5:50 - 6:00 pm Prizes
Where: Kelowna Grand Prix (911 Stremel Rd. It is just past McCurdy and across the Hwy from M&M Performance and Scandia)
Please respond to myself or our assistant Michelle (michelle@peacocksheridan.com) as soon as you are able, space is limited and "first reply - first in".
Take care
Dustin
www.serviss.ca
Hello guys!
Thanks to all of you that have responded I appreciate it and I can guarantee there will be some laughs!
Michelle and I are just trying to get an idea of the numbers for the event. I also need the figures so I can apply for my liquor license required before the event. If you could please respond ASAP (if you haven't already) that would be great. As I told a couple of you, if you are unsure of an entrepreneur to bring, I won't turn you away at the door if you brought a good guy who needs, insurance, investment or leverage planning who is not an entrepreneur.
Have a great day!
These are the details:
Your job - Bring an entrepreneur or someone successful, who I hopefully do not already know, who would find value in my services. (Services are outlined on www.serviss.ca)
2 Hours of unlimited race track time @ Grand Prix Kelowna. (Our group will have full access to the race cars)
Cash ($$$) prizes
*if you want to get some exposure for your business at the event feel free to donate a prize, more prizes means more fun*
Food & Beverage Included: Pizza, Veggies, Beer, Pop
Date: Tuesday - September 23rd 2008
Time: 3:50 - 4:00 pm Registration (Mandatory - valid drivers license required)
4:00 - 5:50 pm Racing
5:50 - 6:00 pm Prizes
Where: Kelowna Grand Prix (911 Stremel Rd. It is just past McCurdy and across the Hwy from M&M Performance and Scandia)
Please respond to myself or our assistant Michelle (michelle@peacocksheridan.com) as soon as you are able, space is limited and "first reply - first in".
Take care
Dustin
www.serviss.ca
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