Finandicap offers you tailored services:
Finandicap is an independent financial services firm specializing in supporting people with disabilities and their families. In addition to their expertise in Registered Disability Savings Plans (RDSPs), Finandicap offers products that can ensure the financial security of the entire family. Our planning goes far beyond the RDSP.
RRSP, TFSA and other savings
Personal insurance
Financial, estate and human planning
Support for trustees
Professional reference
Savings: RRSP, RDSP, TFSA, RESP, TFSALP, and all open accounts
Optimal financial planning relies on a comprehensive view of all your savings accounts. We integrate RRSPs, RDSPs, TFSAs, RESPs, TFSA-APPs and non-registered accounts to maximize your tax benefits and grants.
Thanks to our partnership with iA Private Wealth Management you benefit from competitive fees and an expanded range of strategies and products.
This comprehensive approach makes it possible to meet the specific needs of each member of the family : secure retirement for parents, education for children, financial independence for relatives with disabilities.
Contact us for a personalized analysis of your family situation.
Personal insurance
Finandicap offers accessible, inclusive insurance solutions adapted to the reality of people with disabilities and their families at the best possible cost.
Personal insurance: who should take out a policy?
The parents of a child with a disability
Planning for their future, an act of love?
We support you by precisely assessing your insurance needs to ensure your family’s long-term financial security. Our personalized solutions take existing social programs into account.
The worker with a disability
Workers with disabilities: how to find suitable insurance?
Are you self-employed or an employee and wish to have your needs assessed or subscribe to personal insurance? Depending on your needs, you will be directed to insurers who can offer you suitable products.
The child with a disability
Do I need to take out insurance for my child with a disability?
To help parents of children with disabilities answer this question, we will assess your child’s RDSP and the reasons to subscribe, or not, to insurance.
Do you not fit into any of these three categories? Do not hesitate to book an appointment with a financial security advisor. They will know how to assist you and find the best solution for your needs.
| Type of insurance | Description |
|---|---|
| Life insurance | Financial security for your loved ones and increased wealth in the event of death |
| Disability insurance | Replacement income in case of inability to work |
| Critical Illness Insurance | Lump sum payment in case of diagnosis of serious illness |
| Supplementary health insurance | Coverage of medical expenses not covered by public plans |
| Travel Insurance | Medical coverage abroad, cancellation, repatriation |
I would like to take out insurance or get more information about it →
Human, financial, and estate planning
At Finandicap, planning goes far beyond your finances. Human, financial, and estate planning are three inseparable dimensions that ensure the long-term well-being of people with disabilities.
We have developed a comprehensive method to support you throughout your decision-making process. Taking the time to think about the future and find concrete solutions brings true peace of mind. You are not alone: we support you every step of the way.
Financial planning: integrating all aspects of life to ensure financial security
Through a personalized analysis, we ensure that every aspect of your life is taken into consideration, thereby enabling us to:
- Define your life and financial goals for yourself and your family
- Optimize your investments and income according to your specific needs
- Protect your assets with tailored solutions for unforeseen events.
- Implement regular monitoring to ensure the plan evolves and is adjusted according to your situation.
Estate planning: Organize, protect and pass on your assets with complete peace of mind.
Estate planning helps to structure these decisions in a coherent way, in order to protect the person with a disability and reduce sources of conflict or uncertainty for relatives.
- Whether or not to create a trust tailored to your loved one’s situation
- Understanding and optimizing the various tax shelters available
- Choosing, preparing and equipping the next generation (mentor, trustee, relatives)
- Clarify and document your wishes in a simple and accessible way for everyone
- Working in collaboration with specialist notaries and legal professionals
Human planning: reflecting together on your loved one’s life plan, today and for tomorrow
Human-centered planning aims to place the individual at the heart of decision-making, taking into account their strengths, needs, dreams, and those of their family. It allows everyone to align around a shared vision and reduces uncertainty about the future.
- to have a clear vision of the life project and to share it
- to consolidate a supportive network around your disabled child
- Provide suitable housing options and living environments.
Our team understands the unique challenges associated with disability and works in consultation with available resources to facilitate every step of your financial journey.
I would like to become a Finandicap customer →
Trustee support services
Entrusting the management of a testamentary trust to Finandicap means choosing specialized expertise and human support, perfectly adapted to the realities of beneficiaries and trustees.
Our main services
- Training on the role and responsibilities of trustees Introductory and continuing education workshops.
- Participation in trustee meetings is possible. Facilitation and report writing
- Asset placement: Offering a wide range of investment opportunities at a very competitive price.
- Production of tax returns : Assistance provided by specialized firms.
Why choose Finandicap?
- We guide the estate executor to avoid any risk that could jeopardize the payment of government benefits.
- We support trustees and fiduciaries in fulfilling their legal and administrative obligations, while simplifying the specific responsibilities related to trusts for the benefit of a person with a disability.
- Our team has a deep understanding of the ecosystem of existing measures and services
Contact us to discover how Finandicap can secure the future of your loved ones through personalized support.
Professional Referencing
Since 2010, we have developed an incredible network of resources. Proactively, we will connect you with them according to your needs.
I would like to become a Finandicap customer →
We have several services and qualified professionals:
- Specialized accountants
- Mortgage loan services
- Specialist doctors
- Responsible investment
- Specialized notaries
Frequently Asked Questions
We will take the time to discuss your situation free of charge during an initial meeting.
If you choose to become our client, our consultations will be free of charge for you, as we receive a commission from the financial institutions we represent.
A registered plan is an account with the Canada Revenue Agency (CRA) that allows investments to grow with deferred taxation or, in the case of a TFSA, tax exemption.
Yes, but a lifetime contribution limit of $50,000 per beneficiary has been set for all RESPs. While there are no limits on annual RESP contributions, the Canada Education Savings Grant (CESG) will only be paid on the first $2,500 of contributions (an additional $2,500 grant will be paid if the beneficiary has unused CESG contribution room).
The Tax-Free Savings Account (TFSA) is a registered savings account that allows individuals to earn investment income that is not subject to income tax in Canada.
To open a TFSA, an individual must be at least 18 years old and a resident of Canada. Contributions to a TFSA are not tax-deductible. Similarly, income earned within a TFSA is not taxable.
A TFSA can be used for short-term savings or retirement, depending on your financial situation. Your Finandicap financial advisor can help you maximize the benefits of a TFSA and any other type of savings account.
Yes. Many people who had already opened registered accounts with another financial institution choose to entrust them to a Finandicap advisor to benefit from the tailored advice of our team dedicated to services for people with disabilities. The transfer is simple and fee-free.
To discuss this, call us at 514-504-REEI or 1-877-907-7377.