December 2019
Charitable giving is an important wealth planning consideration for many Canadians. While making a cash donation to charity is a common gifting strategy, Canadians often ask, “How can I do more?” By considering one of the life insurance strategies in the attached document, you can often magnify the benefits of your donation dollar compared to a traditional cash donation.
November 2019
The benefits of making a charitable donation are countless – from helping those in need to the personal satisfaction of giving back to the causes that are important to us. Charitable giving also makes good sense from a tax perspective. With proper planning, you can reduce your total income tax liability and maximize the value of your donation.
October 2019
We’re living in a digital world where, increasingly, routine tasks are conducted online and important information is stored digitally. Digital assets include, but are not limited to, online accounts (e.g., social media, email, eCommerce, banking and investment), loyalty programs, cloud storage, domain names, and website content. Until recently, the idea of leaving a digital inheritance wasn’t generally a consideration for most people, but not anymore. In fact, it’s become a necessity when preparing your estate plan
September 2019
As the new school year begins, many students are preparing to take the next big step in their educational journey by heading off to university, college, or another continuing education program aligned with their interests and career aspirations.This article provides information on how, and when, to withdraw funds from an RESP, as well as information on qualifying educational institutions and programs. In situations where the RESP beneficiary decides not to pursue postsecondary studies or leaves before completing a qualifying program, the subscriber of the plan must decide what to do with the money that has accumulated in the RESP.
August 2019
Knowing how the tax rules affect your investments is essential to maximize your after-tax return. Keeping up to date on changes to the tax rules may open up new opportunities that could affect how your financial affairs should be structured.
July 2019
Protecting your family’s wealth is a key priority to ensure you are prepared to meet your current and future financial goals and commitments. This article discusses several considerations that can help to safeguard and enhance your wealth.
June 2019
Insurance is generally thought of as a risk management tool; however, for a business owner or incorporated professional, insurance can provide multiple benefits, including the potential for significant tax savings.
May 2019
Unforeseen events, such as illness, disability or death, can have a devastating impact on a family and their financial future. Insurance is an important part of our comprehensive wealth management process, and helps provide financial protection against the unexpected.
April 2019
As the April 30 tax deadline approaches, attached are some reminders to help ensure you’re prepared to file your personal income tax return, and that you maximize your tax savings. It’s important that you have all required tax documents before you prepare your return, otherwise you may be required to file an amendment.
March 2019
This month we include an often overlooked part of estate planning as well as our regularly monthly message on the markets.
February 2019
With tax season fast approaching, this month we have included a tax document overview and schedule we hope you find helpful in addition to our regularly monthly message on the markets.
January 2019
Below we include our regularly monthly message on the markets (which follows the same themes as our quarterly performance emails) along with a 2019 Personal Tax Calendar to help with your tax planning for the year ahead.