Concentration Risk: Comparing Apples to Apples
09 Aug 2024Concentration risk can be a double-edged sword, offering the potential for significant gains but also exposing investors to devastating losses. Recent market trends have amplified this risk, making it crucial for investors to understand and manage their portfolio concentration effectively.
Every Investor’s Biggest Stumbling Block: Loss Aversion
09 Aug 2024If you were offered a guaranteed 5% return on your investment versus a 50/50 chance to earn 15% or nothing, which would you choose? Similarly, would you pursue a $1,000 prize at the risk of incurring a $1,000 penalty? These questions, rooted in behavioural economics, reveal a fundamental aspect of human nature: loss aversion.
Now What? The Benefit of a Capital Gains Reserve After the Inclusion Rate Hike
26 Jun 2024While the window for major dispositions has closed, taxpayers still have options in light of the CGIR changes. One such strategy, often overlooked but now more valuable than ever, is the capital gains reserve.
Understanding Life Interest Trusts: A Guide to Mitigating Capital Gains Tax Impact
23 May 2024Life 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 2024The 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 2024More 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?