Estate Planning

Decorative pattern

Estate Planning

Fear hinders effective transfer of wealth: SEI

A recent SEI Wealth Insight Initiative roundtable suggests that fear of negative outcomes and a lack of confidence in heirs are two of the biggest barriers to families sustaining and growing wealth over time. The roundtable gathered small groups of wealthy families—those with more than $5 million in investable assets—to discuss their experiences and offer […]

By Dean DiSpalatro |April 27, 2011

3 min read

Decorative pattern

Estate Planning

Business owners need succession help

Small and medium-sized business owners can make great clients. Their net worth is usually higher than average and their complex needs allow the advisor to demonstrate their expertise in tax and estate planning. If there is one area that needs special attention, however, it is succession planning. Nearly half of Canadian family business owners have […]

By Steven Lamb |March 14, 2011

3 min read

Decorative pattern

Estate Planning

Business owners need proactive tax planning

A heavy tax burden is a grave concern of surviving families as many Canadian family businesses owners take an approach to tax planning that is ‘too little, too late’, according to the Canadian results of PwC’s latest Global Family Business Survey. The study noted that the majority of Canadian family business owners are not fully […]

By Vikram Barhat |February 17, 2011

3 min read

Decorative pattern

Estate Planning

BMO offers guaranteed retirement income product

BMO has announced the launch of a new guaranteed income product aimed at clients aged 55 and up. The BMO Lifetime Cash Flow product bank deposit backed by BMO and is fully protected against market volatility. The initial deposit (minimum $5,000) provides exposure to a portfolio of BMO Mutual Funds which is rebalanced annually to […]

By Staff |January 18, 2011

1 min read