Tax News

Get repaid for funding a child’s education

Setting up a trust account to fund an athletic child’s educational expenses is akin to gifting the money. Parents who want to be repaid should draft a promissory note.

By Evelyn Juan |November 14, 2014

4 min read

Rules for donating art

Rules for donating art are strict, but the tax benefits can be beautiful

By Jessica Bruno |November 14, 2014

9 min read

Your clients are getting smarter

Advisor Group’s Investment Insights research shows advisors embrace this development, but know they still have to fill knowledge gaps.

By Staff |November 14, 2014

4 min read

Try a Smith Manoeuvre to invest inheritance

Todd Stanislawski is a 65-year-old retired math teacher living in Kamloops, B.C. He just inherited $250,000 and isn’t sure if he should invest it, or repay the $200,000 he owes on a home equity line of credit (HELOC).

By Dean DiSpalatro |November 14, 2014

6 min read