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The Rural Voice, 1999-01, Page 349v(u tualInsurance Company 264 HURON ROAD SEBRINGVILLE, ONTARIO 393-6402 1-800-263-1961 DOWNIE MUTUAL INSURANCE COMPANY a FARM, RESIDENTIAL, COMMERCIAL AND AUTOMOBILE INSURANCE AGENTS Lloyd Walkom 348-8050 Keith Patterson 348-8391 Steve Riehl 393-6708 Robert Ready 393-6965 R. Allan Fuller 271-6176 Lynda Vincent 527-2204 1-888-269-0377 BROKERS F. A. Campbell & Son Insurance 348-8425 William Dietz Insurance 656-2585 Lawson Killer Insurance Limited 271-1840 Stonetown Insurance Brokers 284-3321 Serving 7Tie Community For Over 100 years.' • ONE OF OUR 1.Ar ST ]INNOVATIONS HAS 1E�1N .'1 I'OUND A LONG, LONG TIME Stronger than our equipment, more innovative than any technology, are the relationships we have with our customers. Please join us to celebrate this long- lasting partnership. Join us Monday, January 25 See what's new from John Deere and visit our expanded service shop Bruce Tractor Growing to Serve You Better INIUUU� BRUCE TRACTOR insomo •- & LAWN CAPE LTD. (519) 881-2231 (1-800-265-3883) 30 THE RURAL VOICE maturity dates remains the best method to maximize returns and maintain flexibility without giving up security. You can arrange your certificates over a five-year time horizon, so that each year approximately 20 per cent of your total GIC investment matures. This allows you to reinvest that portion of your GICs in certificates that offer the maximum interest rate available — typically a five-year GIC. Staggered maturities also protect your GIC portfolio from sudden interest rate declines because not all of your money will be maturing in a low interest rate environment. "Many seniors and fixed-income investors rely on the money received from income -generating investments to supplement their monthly pensions and other earnings," says Harriet Shenken. "A staggered maturity strategy is the best approach to protecting their investment income from sudden shocks in a volatile interest rate environment." hen it comes to managing your wealth, two elements are crucial: an overall financial plan to manage your affairs today, and an estate plan to ensure the wealth you build during your lifetime provides for your loved ones after your death. It's also very important to see your estate plan as part of your overall financial plan say experts with the Investors Group. Linking your estate planning with your overall financial plan not only makes both plans more workable, it is essential to you and your family's Tong -term financial health they say. By properly structuring your finances, you'll minimize taxes today and upon your death. For example, you may wish to transfer assets, such as your farm, to your children while you're alive to reduce taxes and fees at death. If, however, you don't coordinate this estate planning technique with your financial plan, you could cause yourself financial hardship. By transferring assets to a child, you lose control of these assets and possibly jeopardize your income security if you outlive your remaining assets. You could also create unanticipated tax liabilities for Alb