Lifestyle Assets Details

1. Select the Sell Asset check box.
2. Enter the Sale Date.
   • Clicking the Event Calendar shows possible events and event types that can be used to define the date. For some event types, Offset fields are available to add or subtract years and months.
3. Upon the sale date, after-tax proceeds of the sale can be directed to cash flow, an existing non-registered account or annuity, or a new non-registered account. Select the desired option from the Direct After Tax Proceeds To menu.
4. NaviPlan automatically calculates the sale price. The projected value and buying power of the asset appears as of the sale date.
   
5. When you are satisfied with these options, click OK.

Direct After Tax Proceeds To

• Where the proceeds of the sale of the lifestyle asset should be allocated to. The after-tax proceeds of the sale can be directed to any of the following:
  • Cash Flow – The proceeds can be directed to the clients’ cash flow.
  • <existing non-registered account> – The proceeds can be directed to any non-registered account that currently exists in the plan.
  • New Non-Registered – A new non-registered account, once selected, is created and named Proceeds from <asset name>. The proceeds are directed to this new asset.
    Note: The Proceeds from <asset name> account will not be automatically deleted if you later decide to direct the proceeds somewhere else.

Account Details

• Open the Account Details dialog box for <existing non-registered account> or for the new non-registered account (whichever is applicable).