Understanding Life Interest Trusts: A Guide to Mitigating Capital Gains Tax Impact

23 May 2024

Life interest trusts are often used in estate planning to bypass probate, ensure privacy and confidentiality, act as a substitute for a will, and ensure ongoing benefit from assets while preserving family legacies.

Navigating the Upcoming Capital Gains Tax Changes: Strategies for Wealth Preservation

16 May 2024

The 2024 federal budget introduced a significant proposed increase to the capital gains inclusion rate from 50% to 66.67% for corporations and trusts, and for individuals on net capital gains exceeding $250,000 annually.

Let Them Decide: Empowering Heirs with the Gift of Decision-Making

14 May 2024

More than simply a transfer of assets, succession planning is the passing on of values, responsibilities, philanthropic ideals, and the ability to make strategic, informed decisions. But what if an adult inheritor never learned to make difficult decisions? How will they steward the family legacy with deliberate governance?

Password Planning for the Digital Age

14 May 2024

In life, passwords serve as the keys to our digital kingdoms, guarding everything from cryptocurrency accounts to social media profiles and personal media archives. The challenge lies in striking a balance between security and accessibility, ensuring that digital assets do not become digital liabilities when the inevitable occurs.

The Right Time to Start Collecting CPP and OAS for Your Retirement

09 Jan 2024

Timing is everything, and when it comes to withdrawing your Canadian Pension Plan (CPP) and Old Age Security (OAS) payments, making an informed decision becomes crucial for maximizing your retirement income and ensuring financial stability in your golden years.

Maximizing Impact: Have You Considered a Donor-Advised Fund?

23 Nov 2023

As we hurtle towards the familiar holiday hullabaloo and year-end tax planning, looming changes to the AMT means that, come January 1st, you may no longer receive full deductions and tax credits for your charitable contributions. But perhaps there is yet another way...

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