News and resources for Canada's top financial advisors
Estate Planning
Holding property jointly has long been called the “poor man’s will”—a way for a person to transfer wealth on death without spending the money to draw up proper documents.
By Barry Corbin |September 20, 2011
2 min read
Life insurance can be an effective way to transfer wealth from one generation to another.
By Lisa MacColl |September 19, 2011
4 min read
Joint ownership of property is a popular estate planning tool. Here's how to use it right.
By Margaret O’Sullivan |September 19, 2011
For someone living in a jurisdiction with high probate taxes, it can be a near knee-jerk response to hold valuable property jointly with a spouse or with one or more children, with a right of survivorship.
By Barry Corbin |September 19, 2011
3 min read
Moving property from sole ownership into joint ownership with a right of survivorship is a particularly seductive means of reducing exposure to probate taxes.
Regular folks worry about debts, mortgages and the ability of their dependants to generate income after they die. High-net-worth clients don’t have to.
By David Wm. Brown |September 19, 2011
Life
Life insurance is an appropriate tool to generate funds for charities and to enjoy significant tax benefits both in life and death.
September 19, 2011
Tax News
An insured annuity can be a powerful tool to help business owners maximize retirement income while minimizing tax. This type of annuity involves simultaneously purchasing a life annuity and a life insurance policy.
By André L’Espérance |September 16, 2011
My focus is to help clients and their advisors achieve the best after-tax returns, because at the end of the day, that’s what their financial plans are based on and that’s the money they can actually spend. Good returns aren’t good for much if they’re not tax-efficient.
By Jason Heath |September 14, 2011
One effective way to use a trust structure to minimize tax for an estate and its beneficiaries is to income-split by using multiple trusts in a will.
By Margaret O’Sullivan |September 14, 2011
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