ESTATE PLANNING – LIFE INSURANCE – PLANNED GIVING
For business owners. corporate professionals and families making over $100,000 annual income
Years of Experience
Satisfied Clients
New Clients are referrals
Repeat Existing Clients
“The fastest pay to grow your money is to never pay taxes on the income you don’t use” Jhon Rockefeller
“Compound interest – “8th wonder of the world. Who understands it earns it, who doesn’t pays it” Albert Einstein
Chartered Life Underwriter
Master Financial Advisor Philanthropy
Risk & Tax Minimization Specialist
As the Principal and Insurance Advisor for Orooj Financial, I’ve been committed since 2001 to helping business owners & professionals implement, grow, and partake in the best possible outcomes for their financial future. I have a deep understanding that life is already complicated, and my clients don’t need the added stress of worrying about insurance and estate planning arrangements. I pride myself in my ability to listen to what my client’s goals in life and finances are. I then make the process of pairing them with their best financial options, as simple as possible. I pair listening and a direct ability to pay attention to the small details of each client’s story. Those two characteristics allow for a client to feel heard and for our company to become a major asset for our clients . At Orooj Financial, we are able to customize a program that will fit our business owners & professionals from all areas of life. With the understanding that not everyone has the same goals and situation, we are able to connect each client with an array of support. Our customized services are tailored to each client and reflects an understanding that I am always looking out for my client’s best interest. We make sure you are properly covered in all areas of your life. With the right coverage and smooth process, our clients are able to rest easy knowing they are properly taken care of should life take an unexpected turn. We are here to help you turn conceptually-sound ideas into fully implemented solutions that add tangible value to your financial future. My mission is to make every client feel secure knowing that I am a trusted advisor in their lives. Our values are a mix of guidance based on uncompromising integrity, and world class personal service. I hold Chartered Life Underwriter (CLU), Certified Health Insurance Specialist (CHS) and Master Financial Advisor Philanthropy (MFA-P) professional designations. I am also the member of The Estate Planning Council of Mississauga (EPCM). Since 2001 I’ve been working with people in Mississauga, Oakville, Milton, Brampton, and Toronto.
How we helped our clients
Bill owns a manufacturing corporation that owes much of its success to the efforts of general manager, Jim. As a key person in Bill’s company, Jim has established relationships with clients, suppliers and the bank. If Bill business were to lose Jim due to death or critical illness the company could suffer lost revenue plus the costs associated with finding a replacement and getting back on track.
Bill’s business could be seriously impacted if Jim passed away or suffered a critical illness requiring a lengthy recovery.
Mark and Susan. Both 55, they own a successful company and have accumulated a significant corporate investment portfolio in their holding company. Mark and Susan want to invest some of these funds and continue building a legacy for their children. They’re also concerned about the large tax liability at death. We estimated tax liability approximately $2.6 million.
With corporate investments in HoldCo, the rate of return will be eroded by corporate taxes. When the HoldCo investments are liquidated on the death of the second spouse, the estate will wind up the corporation and the proceeds will be distributed as a taxable dividend.
Our recommendation made a difference in excess of $1.8 million to insure that the fruits of their hard-earned business success go to their children, not to taxes.
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217-1670 North Service Rd. East, Oakville, Ontario, L6H 7G3
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How we helped our clients