Inheritance

Get your HNW client out of legacy limbo

Chances are your high-net-worth (HNW) client needs your help developing an inheritance plan. That’s because only 22% of HNW Canadians have such a plan, reveals research by RBC Wealth Management, conducted in collaboration with Scorpio Partnership. This lack is all the more alarming considering an estimated $400 billion is expected to be transferred to the […]

By Staff |January 31, 2017

2 min read

Estate Planning

What happens to estate planning when both heir and testator die?

Client profile Brenda Paulson* was driving her ailing father, 92-year-old Adam Bodenheimer, to a hospital in Ajax, Ont., when they were struck by a truck running a red light. Adam was pronounced dead on the scene, while Brenda died in hospital 6 days later. It didn’t take long for two estate battles to erupt. *This […]

By Dean DiSpalatro |November 6, 2015

6 min read

Estate Planning

When to use incentive trusts

Address the downside of inherited wealth

By Elaine Blades |September 18, 2015

5 min read

Industry

Rich families’ wealth lost by second, third generations

Most wealthy clients lose their wealth as it trickles down to heirs. Here's how to help.

By Staff |August 17, 2015

1 min read

Try a Smith Manoeuvre to invest inheritance

Todd Stanislawski is a 65-year-old retired math teacher living in Kamloops, B.C. He just inherited $250,000 and isn’t sure if he should invest it, or repay the $200,000 he owes on a home equity line of credit (HELOC).

6 min read

Mercer sees modest growth for 2011

2010 was a good year for the Canadian economy. “Canada was one of the first G7 nations to climb out of the recession,” said Mark Fieldhouse, principal, investment consulting practice, with Mercer, speaking today at Mercer’s 2011 Fearless Forecast at The Toronto Board of Trade.

By Brooke Smith |January 13, 2011