(905) 493-6393 chad@LRMinsurance.ca

Legacy Planning

Laramond Risk Management Insurance Inc offers a wide range of legacy planning services to both individuals and business owners, aimed at enabling them to effectively manage their finances and assets for future generations. Our comprehensive services ensure that individuals can provide for their loved ones, distribute their assets as per their wishes, and preserve their legacy with ease. We understand the importance of preserving your family’s values and ensuring a lasting impact, which is why our expert team is dedicated to helping you create a tailored legacy plan that aligns with your unique goals and aspirations. Whether you want to pass down a family business, support charitable causes, or simply ensure a smooth transition of wealth, we are here to guide you every step of the way. With Laramond Risk Management Insurance Inc, you can confidently plan for the future and leave a lasting legacy that reflects your values and vision.

Legacy Planning


A will is crucial for both families and business owners alike. For business owners, having a will in place ensures the safeguarding of their assets, a seamless transition of ownership, and financial security for their loved ones. Similarly, for families, it simplifies the allocation of investments and the appointment of legal guardians for dependents.

Life Insurance

LRM provides an array of life insurance options that cater to both short and long-term needs, ensuring that your family’s financial security is secure. We offer both term and permanent coverage to give you peace of mind regarding the future. Apart from personal coverage, we also offer a variety of insurance options for corporate clients, such as Buy-Sell and Key Person insurance.

TAX Planning

With effective tax planning you can potentially save a substantial amount of money, enabling you to leave behind a larger inheritance for your loved ones. Through reducing the taxes owed on your estate, you can ensure that your assets are distributed as per your preferences, with a lower percentage going towards tax payments. Proper tax planning can also assist you in preserving your legacy, facilitating the transfer of wealth to future generations and enabling support for the causes that are important to you.

Charitable Giving

Making charitable contributions is a significant and impactful way to support causes and organizations that are close to your heart, while also benefiting society. You can opt for charitable giving through life insurance or bequests through your will, which can result in substantial tax benefits, reducing your taxable income in the process.