Q: Pat, please provide comments on segregated mutual funds, and how they can let you avoid probate fees. Are they worth the trouble?
A: Segregated mutual funds guarantee that you’ll get back all, or part of, your initial capital after 10 years. Most “seg funds” offer either a 75% or a 100% guarantee. Seg funds also provide a death benefit. If you die before the 10-year term is… Read More