20 Questions to Ask Yourself

Estate Conservation 1. How much of your estate do you want to go to the government and how much do you want your family to receive? 2. Who would you like to serve as the guardian for your children if you and you spouse die? 3. At what age or ages should your children be entitled to receive their inheritance outright, free and clear of any trusts? 4. Would you like to have any portion of your estate pass to charity? 5. Which of your estate's assets would you want sold first in order to pay taxes? 6. How do you transfer your business to your children and make it fair? Will your children still speak to each other or are they going to fight over the assets? 7. U.S. President Abraham Lincoln once said, "You can't escape the responsibility of tomorrow by evading it today." Do you agree? Let's talk NOW! Business Insurance 8. How much of your business is owned by the government? 9. Are you running your business to: provide you with an income? build it up for sale? keep it in the family? 10. Most businesses have one of two problems, either cash problems or tax problems. Which category does your business fall into and does it vary at different times of the year? 11. Are you using 100 cent dollars instead of 20 cent dollars to fund your buy/sell arrangement? 12. Did you know that by guaranteeing a loan with a personal endorsement, you just put the bank ahead of your family in your will?

Life Insurance 14. If five years from now you have saved as much as you have saved in the past five years, will you be satisfied? 15. The hardest thing a person with a pension has to decide at retirement is whether to share that pension with his/her spouse. Do you know why? Disability Income 16. Did you know that during our working years, one of two things will happen, either life will retire us early or we will retire ourselves? 17. If your partner is disabled, how long will you be willing to do 100 percent of the work for 50 percent of the profits? 18. People are money machines, they produce an income. When the machine breaks down or is destroyed, the income stops. The same thing happens in life. We have two money machines in most families. If one breaks down, what happens? Can the other machine make up the difference? 19. Did you know that there are only two ways to make money? They are; people at work and money at work. Money at work is a whole lot easier, don't you agree? But, if people can't work, then they can't put money to work and usually they have to use the money that was at work to live on, so forget retirement don't you agree? 20. If you get injured, there are four sources of income for your family; relatives, friends, charity and insurance. Which do you prefer? If you don't know the answers any of these questions, please contact us now! Email us at: admin1@konnerfinancial.com Or call us at: Tel: (604) 575-7900 Fax: (604) 575-7901 Toll Free: 1-800-663-9455