Estate Planning
Estate Planning is the optimal management of your estate assets to make sure that they are distributed according to your wishes when you pass away…
Do You Have Medical Aid Cover?
CSFin Can Assist You
Medical aid is a form of insurance where you pay a monthly amount in return for financial cover for medical treatment, as well as certain (not any) related medical expenses…
Everyone needs some form of medical aid cover. Few of us could afford the costs of long hospital stays or care for serious injuries, surgery, or chronic illnesses.
“Medical schemes help us finance life’s curveballs when we can’t do it alone”.
A medical scheme helps you to pay for your healthcare needs such as nursing, surgery, dental work, medicine and hospital accommodation. Monthly contributions need to be paid to have medical cover.
It’s advisable to evaluate your medical aid coverage each year to make sure you have adequate cover for your needs or for any changes in your life.
Tax Planning
Tax planning is the analysis of a financial situation or plan from a tax perspective with the purpose of ensuring tax efficiency...
Through tax planning, all elements of the financial plan work together in the most tax-efficient manner possible.
“Tax planning is an essential part of a holistic financial plan. Reduction of tax liability and maximizing the ability to contribute to retirement plans are crucial for success”.
At CSfin tax planning is incorporated into every financial service and product. Tax considerations often determines the specific combination of products or investment vehicles recommended.
The most obvious instruments that we use are tax free investments, retirement annuities and endowment policies. Optimal income withdrawal strategies and vehicles such as trusts can also contribute to reducing taxable amounts for our clients.