Estate Planning

Business bonanza Fallback Image Decorative pattern

Estate Planning

Business bonanza

Whether it’s because they’ve decided to leave the corporate world to venture out on their own, reenter the business world after taking some time to raise children, or just capitalize on their skills and talents, more and more women are entering the ranks of business owners. According to Statistics Canada, in 2006 women accounted for […]

By Gena Katz |May 29, 2009

3 min read

How to minimize the U.S. estate tax Fallback Image Decorative pattern

Estate Planning

How to minimize the U.S. estate tax

If you have a client who is married to a United States (U.S.) citizen or a dual citizen, you may need to advise the person to watch out for U.S. estate tax. U.S. estate tax is a wealth transfer tax levied upon death, on the fair market value (irrespective of any accrued gains in value) […]

By Nadja Ibrahim and Christopher Gandhu |May 19, 2009

4 min read

RESPs and estate implications Fallback Image Decorative pattern

Estate Planning

RESPs and estate implications

Registered education savings plans have become the cornerstone for saving for a child’s or grandchild’s post-secondary education. With this increased popularity, you can expect that your clients will more often encounter RESPs during their administration of estates. And because of the larger RESP values, it is more likely that disagreements will arise respecting the administration […]

By Floyd Gradley |May 12, 2009

6 min read

TFSA holders don’t understand death benefits Fallback Image Decorative pattern

Estate Planning

TFSA holders don’t understand death benefits

Although minor, the ability to tack a beneficiary designation onto tax free savings accounts is one of those small bits of advice that can differentiate an advisor from the herd. While most Canadians understand and appreciate the tax-free feature of the TFSA, a survey by Mackenzie Financial shows few are clear about the implications of […]

By Mark Noble |April 20, 2009

4 min read