Tax

U.S. to reinstate estate tax

Yesterday, President Obama and the Republican Congressional leadership tentatively agreed to work on draft legislation that would reinstate U.S. estate tax January 1, 2011, with an “exemption” of U.S. $5 million for U.S. citizens and U.S. domiciliaries and a maximum estate tax rate of 35%.

By Terry F. Ritchie |December 8, 2010

1 min read

The new CPP changes

January 1, 2011 will see the first of a number of changes impacting how clients (and advisors) incorporate Canada Pension Plan (“CPP”) retirement benefits into their financial plans. These changes will become effective between 2011 and 2016. Clients who are thinking about retirement need to be informed of the new rules. The benefits will differ depending on client age and earnings history, as well as their ability or desire to work past the age of 60.

By Carol Bezaire |December 7, 2010

4 min read

Boom, trust and echo

It’s a truism in the advisory business that client relationships can very often turn into family affairs. Building a sound relationship with one person can lead to relationships with spouses, close relatives and, eventually, the children. When we talk about clients, we often focus on baby boomers, the generation with the greatest numbers and the […]

By Michelle Munro |December 2, 2010

6 min read

Year-end tax tips

December is a busy month for advisors, but you can help your clients close out 2010 on a positive note with these year-end tax tips.

By Gena Katz |December 1, 2010

3 min read