Conversation starter – Capital losses in RRSPs

Need to break the ice with clients about capital losses in RRSPs?

Ask clients, “Do you expect to receive any significant inheritances?” If so, look at their portfolios to see if they hold any non-registered investments. If they don’t, let them know about the potential opportunity to offset future capital gains with investment losses. They may want to consider holding a non-registered investment for greater flexibility down the road.