What Clients Are Saying
Working with CanTrust has totally changed our view on the value and utility of life insurance policies and we really see them as wealth-preserving assets. Prior to working with CanTrust we had used a UL policy, but it wasn't well explained, didn't serve our interests well, and the experience left us very wary of life insurance.
What held us back initially was the previous experience with an advisor who didn't have our interests at top of mind. Plus, the "go-to" advisor in our extended family had tons of experience with life insurance and was warning us off. Spending lots of time with Simon gave us the confidence that comes from understanding, and with that, we were able to feel great about moving forward. The wealth we are building now is much better protected against taxation while giving us the peace of mind that if either of us passes then our family is well-situated financially.
For us, there are a lot of considerations that come with being successful business owners. It's important we have the insurance protection we need, and the tax advantages of the unique wealth-building opportunities that the CanTrust Wealth Team offers, are a key part of our planning now. CanTrust has laid out a clear path for planning related to wealth preservation and insurance protection and they really care about what is important to us, our family, and they understand our goals. We have recommended CanTrust Financial to a few colleagues, and they have all reported that they have had exceptional experiences working with the CanTrust team.
Flexibility is so key for us. We really value the life insurance options we have procured through CanTrust. Long-term cash flow planning is fairly simple, and it provides excellent family security, confidence in estate preservation, and it has also expanded our experience of what is possible with life insurance. The important part about that is that it has been a catalyst for us to look at other "out of the box" opportunities for our business.
I have known Simon and his CanTrust team for over 25 years. They always looked after the best interest of myself, my employees, and my family. Simon has helped guide my partner and me in the right direction. One key area is taking dollars out of our company without the huge tax implications, as well as protecting ourselves and our families.
Over the years I had heard a little bit about insurance strategies and was quite skeptical at first. However, Simon’s comprehensive explanation helped me get over this fear, which allowed us to move away from the RRSP tax deferral method of dealing with our tax burden. I think in business we pay enough in taxes. It is nice to have a safe, creditor-proof way of saving money for our well-earned retirement.
We talked in great depth with both our lawyer and accountant and they both liked the strategy being recommended. It is simply the best way that we have heard of to not only protect ourselves with insurance but help us grow our retirement dollars and save on taxes. The CanTrust team continues to look after us and steer us in the right direction.
Without a doubt, I would recommend working with CanTrust Financial for qualified business owners. It is a no-brainer. Who doesn’t want to get the biggest bang for their buck? I don’t think there is a better way to take care of insurance needs while at the same time saving on tax.
CanTrust had been looking after my parents over the years and now is looking after me and my family. We thank the CanTrust team for their ongoing efforts in looking after us.
I’ve known Simon and the CanTrust team since approximately 2002 and have always appreciated their proactive, honest approach to business while keeping my best interests in mind.
CanTrust takes an active approach with my business, always graciously giving me suggestions to assist in the growth of my practice. After having been introduced to their insurance and wealth strategies I was able to really begin to add to my retirement savings as well as to provide my family with the security they would need. Because of the flexibility in the wealth-building strategies they recommended, I also was able to access some of the funds early to finance some equipment I needed in my practice.
I’m so happy with the decision I made to move ahead with the recommendations I received from CanTrust. If you’re a healthcare practitioner or small business owner you should definitely investigate how CanTrust can help you too.
Since 2015 Simon and the CanTrust Financial team have been working with my wife Eve, and me, to save money on tax, preserve our estate and secure our financial future. The CanTrust team is attentive, sincere and cares deeply about the best interests of their clients.
Our structure was thoroughly explained in a way that we were able to understand. Eve and I also checked with our accountant and lawyer and they both verified that this would be a positive structure to move ahead with for the future. Simon’s recommendations allow us to carry the appropriate amount of insurance for my family and estate at almost no cost. As well as it allows us to build wealth much faster. One of the reasons is our tax savings go straight into our retirement fund.
A few other benefits that our strategic plan provides us are that it protects us from creditors, is flexible in case we have bad years, is an effective savings plan, and offers us tax savings that wouldn’t otherwise be available to us.
I recommend qualified business owners and professionals contact Simon and the CanTrust team to learn about how they too can take advantage - tax savings, estate preservation, have the insurance coverage needed and flexibility of contributions. It’s a great opportunity to get ahead and secure your financial future.
I have been working with CanTrust Financial since 2018. I find the advisors very friendly and approachable. They understand my feelings about the market and work within those risk constraints as well as knowing how to make me explore my uncomfortability by increasing my knowledge.
The CanTrust team has helped me set up a long-term strategy that over 10 years will provide for a secure future for me and my family through life insurance, investments of company profits and benefits for my staff. I have found that I now have a security blanket, growing investments, and a team supporting me.
I liked that CanTrust accepted my fears and offered information and references as well as a package to my lawyer and accountant who ensured that what I was doing was a sound investment in my business and me. They are fully transparent, very supportive, and are always there to help me.
As a result of the investments, I have family security, tax savings, and an additional fund beyond my RRSP. I am also assured that my company can carry on functioning in the event of my death, and that my employees are secure. I am very happy to recommend CanTrust to other business owners as they have been excellent to me.
Before working with the team at CanTrust Financial I had no idea that there were sound, proven tax strategies that could drastically allow me to pay less tax and use my insurance to protect my family and at the same time grow my wealth. What I love about CanTrust is that they provide options that are available to me, in case things change or in case different circumstances arise.
Looking at what Simon and his team have done, I have a much better picture on where we are at financially should something unthinkable happen, and we're growing our net worth faster than would have ever done on our own.
I really value Simon and the entire CanTrust team as they are the type of people and the type of firm, that actually care, about getting to know their clients, in terms of who they are, what they want, what stage of business and life they are in, and then customize something to optimize and maximize what's possible.
I highly recommend Simon Marples and the CanTrust team to anyone who is truly committed to figuring out a better plan as they have the ability to support anyone who is looking for more success, wealth and freedom.
I have known Simon since 2010. He is very honest and always responsive; I trust his advice and he is truly knowledgeable about his industry. It does not matter when I call or email him, he always gets back to me within a few hours, at most.
Simon has built a wonderful team and over the years I have come to know and work with the other team members at CanTrust. They are truly knowledgeable, professional, responsive and have a great sense of humour.
I like diversification in my investments. The insurance structures Simon & the CanTrust team have put together for me are another means to diversify my investment portfolio. Insurance is now in place for my estate planning, and I am minimizing tax at the same time.
It gives me peace of mind knowing that I have a plan in place to assist with my estate planning at minimal cost, when considering the tax savings, while having an investment portfolio building for my retirement, and like all business people, I like to minimize taxes.
Put insurance in place and create a retirement investment plan. Simon and his CanTrust team are great to work with, and I would recommend qualified business owners call CanTrust Financial to see how you too can minimize taxes and enhance your wealth. They are honest, trustworthy, knowledgeable, professional, and responsive.