Home Columnists Doug Carroll
Tax & Estate Planning

Doug Carroll

Doug Carroll, JD, LLM (Tax), CFP, TEP, is a tax and estate consultant in Toronto.

Former cabinet minister John Manley lost a case contesting a policy's "triggering event"

  • January 28, 2020 January 28, 2020
  • 16:16

Developing a plan for extracting corporate money

  • February 5, 2019 February 5, 2019
  • 10:00

A legal case sounds a note of caution for advisors

  • October 15, 2018 October 23, 2018
  • 17:32

Here’s what we can expect to pay under the new system

  • September 21, 2018 February 1, 2019
  • 12:00

What the agency says

  • July 13, 2018 September 10, 2018
  • 00:00

What Ontario’s surtax elimination means

  • May 11, 2018 September 7, 2018
  • 00:00

A tax expert does the math

  • February 17, 2018 September 7, 2018
  • 00:10

Where the opportunities and exposure lie

  • November 24, 2017 September 4, 2018
  • 15:36

This year, crystallize capital transactions by Dec. 27

  • November 14, 2017 September 4, 2018
  • 14:11

These credits can help ease financial stress

  • September 22, 2017 September 8, 2018
  • 06:00

More columnists

Budget 2019 could mean more tax payable for fundholders

Department of Finance expects to gain $350 million by 2024 from proposals

  • April 2, 2019 April 2, 2019
  • 09:00

CRA to delay registered fee position ‘indefinitely’

This delay represents a win for industry associations

  • October 3, 2018 October 4, 2018
  • 15:00

CRA targets RRSP, TFSA abuses in long-awaited tax document

Agency also delays implementing registered fee position

  • October 1, 2018 November 2, 2018
  • 16:55

The (potential) future of advice reforms

Compared to what’s happening in Australia, CSA’s June missives are meek

  • September 21, 2018 June 18, 2019
  • 12:00
Tax & Estate Planning

Curtis Davis

Help clients calculate RRSP limits

Breaking down pension adjustments and other challenges

  • February 20, 2020 February 24, 2020
  • 11:03

Sprinkle the income, but beware the tax

A TOSI case study

  • February 7, 2020 February 6, 2020
  • 09:30

Investing personally or in a corporation

How passive income rules factor in to the decision

  • November 29, 2019 November 29, 2019
  • 12:00

Revisiting salary versus dividends in light of federal tax changes

New considerations for incorporated small business owners

  • October 25, 2019 October 28, 2019
  • 13:00

The meaning of trust is changing

Competence is no longer enough

  • February 7, 2020 February 6, 2020
  • 09:30

Being an advisor in 2030

Reluctant predictions for the decade ahead

  • November 29, 2019 November 27, 2019
  • 12:00

Ignore climate risk at your peril

Advisors have every reason to boost sustainable investing knowledge

  • September 20, 2019 September 26, 2019
  • 15:00

Addressing the middle-class gap in financial advice

Rather than courting only HNW clients, advisors should look for ways to serve more households

  • March 25, 2019 March 25, 2019
  • 13:51
Investments

Mark Yamada

The precariousness of low interest rates: Part 1

Rates have fallen and can’t get up

  • February 7, 2020 February 7, 2020
  • 09:30

ETF assets pass tipping point in U.S.

Prepare for an assault on market dominance

  • November 29, 2019 December 5, 2019
  • 12:00

Compounding is a double-edged sword

Breaking down various fee scenarios

  • October 30, 2019 October 30, 2019
  • 13:43

Is value investing broken?

Patience has a price

  • September 20, 2019 September 20, 2019
  • 15:00
Market Insights

Jim Otar

ALDAs: to buy or not to buy

A breakdown of who benefits from the federal government’s proposed annuity

  • February 7, 2020 February 26, 2020
  • 09:30

Prioritize expenses in drawdown calculations

The famous 4% rule won’t work for many clients

  • May 16, 2014 September 8, 2018
  • 00:10

Pitching disability coverage

Picture this: You have a client – 10 years away from retirement – who comes to you for retirement advice. You spend several hours, maybe…

  • June 8, 2010 August 14, 2018
  • 10:11

How to overfund UL

“What?” you might say, “I didn’t know universal life insurance (UL) had an expiry date!” Relax. You’re right. UL doesn’t come with an expiry date.…

  • August 1, 2009 August 14, 2018
  • 12:57
Tax & Estate Planning

Jamie Golombek

Testing of T1135 penalties continues

The latest court case highlights the importance of filing on time

  • February 7, 2020 February 19, 2020
  • 09:30

Is a Holding Company Right for Your Client?

Breaking down the tax implications.

  • December 10, 2019 December 18, 2019
  • 16:00

TFSA overcontribution woes continue

A taxpayer deposited a cheque into the wrong account

  • November 29, 2019 November 27, 2019
  • 12:00

Golombek’s Year-End Tax Tips

Help your client with timely tax-efficient planning

  • November 25, 2019 January 31, 2020
  • 16:00
Tax & Estate Planning

Akua Carmichael

Avoiding a dependant’s relief claim

A recent court case illustrates the risks that come with longer lives

  • February 7, 2020 February 6, 2020
  • 09:30

Avoiding estate litigation

Estate planning centres on one main goal: preserving estate assets. While advisors offer planning advice and employ various strategies to reduce the tax liability of…

  • May 29, 2013 August 21, 2018
  • 05:59

Creating a circle of trust

Testamentary trusts can be a useful tool in creating an estate plan, and ensuring that spouses who remarry, children from previous marriages and disabled children…

  • May 14, 2010 June 16, 2018
  • 00:00

Assessing Trustee Liability

The Ontario Superior Court case, Hicks v. Hicks, 2003 CanLii 2132 (ON S.C.), presents some interesting issues regarding trustee liability in situations where a trust…

  • May 1, 2010 June 16, 2018
  • 10:45

Could a ban on share buybacks really happen?

Examining policy options in a heated primary season

  • February 7, 2020 February 6, 2020
  • 09:30

Reverse factoring is the latest accounting pitfall

Lack of regulations means anything goes

  • November 29, 2019 November 27, 2019
  • 12:00

Interpreting short-seller reports

Why advisors should use their intuition

  • October 25, 2019 October 25, 2019
  • 13:00

Composition of Canadian indexes leaves much to be desired

Help clients screen out governance concerns

  • July 2, 2019 July 2, 2019
  • 14:30
Tax & Estate Planning

Rebecca Hett

Help your farmer clients maintain their tax advantages, Part 3

Be aware of the rules and considerations for a tax-deferred property transfer

  • February 6, 2020 February 6, 2020
  • 16:25

Help your farmer clients maintain their tax advantages, Part 2

Find out the criteria for determining qualified farm property

  • January 31, 2020 February 6, 2020
  • 14:00

Help your farmer clients maintain their tax advantages, Part 1

Avoid these pitfalls to access the lifetime capital gains exemption

  • January 30, 2020 January 30, 2020
  • 12:00

Tax implications of divorce, Part 2

Settling different types of property

  • April 10, 2019 April 3, 2019
  • 14:27
Tax & Estate Planning

Doug Carroll

Disputing when critical illness insurance is payable

Former cabinet minister John Manley lost a case contesting a policy's "triggering event"

  • January 28, 2020 January 28, 2020
  • 16:16

Corporate investments and the small business rate

Developing a plan for extracting corporate money

  • February 5, 2019 February 5, 2019
  • 10:00

Caution when counselling DB-to-IPP transfers

A legal case sounds a note of caution for advisors

  • October 15, 2018 October 23, 2018
  • 17:32

Estimating the cost of CPP additions for employees

Here’s what we can expect to pay under the new system

  • September 21, 2018 February 1, 2019
  • 12:00
Tax & Estate Planning

Keith Masterman

Time-sharing versus fractional ownership

Help your client choose a vacation property with these tips

  • December 18, 2019 December 17, 2019
  • 14:00

Can your client disinherit a child?

A court decision in Nova Scotia has implications for estate planning

  • August 19, 2019 August 19, 2019
  • 14:50

Estate planning and the disabled beneficiary

Consider these factors before establishing a Henson trust

  • May 10, 2019 May 7, 2019
  • 14:00

Tax planning when your client receives severance

The tax implications depend on how severance is characterized

  • January 15, 2019 June 27, 2019
  • 16:21
Tax & Estate Planning

Wilmot George

Can a surviving spouse split her income with her deceased spouse?

More on pension income splitting for the year of death

  • November 15, 2019 November 13, 2019
  • 16:00

Tax and estate concerns at different life stages

Tips for serving clients of all ages

  • October 25, 2019 October 28, 2019
  • 13:00

Selling real estate? The CRA is watching

What clients need to know about reporting transactions

  • July 18, 2019 July 17, 2019
  • 15:00

Is pension income splitting available for the year of death?

Help your client’s family by understanding the tax rules

  • May 7, 2019 May 6, 2019
  • 15:00
Insurance

Kevin Wark

How the CRA takes the life out of life interest trusts

If your business-owner client uses these trusts, special planning is required

  • October 25, 2019 October 25, 2019
  • 13:00

Immediate leveraged insurance: Tips and traps

Watch out for these issues

  • September 12, 2018 September 12, 2018
  • 15:14

Why clients should play it straight with the collateral insurance deduction

A recent Tax Court case debunked a common misconception

  • June 28, 2018 September 7, 2018
  • 00:00

Quirks and foibles with insurance policy loans

Tax consequences associated with policy loan transactions

  • May 11, 2018 September 12, 2018
  • 00:00

Finding the courage to be a leader

Industry research can make advisors feel vulnerable. Use that feeling as a call to action.

  • October 25, 2019 October 25, 2019
  • 13:00

Rethink your value proposition

Be clear about what you stand for, so clients won’t fall for what you don’t

  • May 24, 2019 June 11, 2019
  • 09:00

Clients like you, they really like you—and that’s a problem

There's a shadow side to likability

  • May 11, 2018 September 7, 2018
  • 00:00

Move over CRM2: MFDA proposes total cost disclosure

Initial industry reaction to the SRO's discussion paper

  • April 25, 2018 September 4, 2018
  • 00:00
Tax & Estate Planning

Jacqueline Power

Planning for blended families using trusts

Complex families can have complex needs

  • October 16, 2019 October 16, 2019
  • 13:00

CPP enhancements: what to tell clients

Younger clients will enjoy a greater benefit from changes introduced this year

  • March 20, 2019 June 27, 2019
  • 13:00

Talk to clients about pullback of ODSP proposals

Increases to the program have been put on hold

  • October 1, 2018 October 1, 2018
  • 15:14

Best tax options to transfer the cottage to kids

An expert offers a sample case to help clients avoid tax pitfalls

  • April 5, 2018 March 19, 2019
  • 00:00
Tax & Estate Planning

Frank Di Pietro

Tax changes looming for employees receiving stock options

Help clients navigate the new rules

  • September 20, 2019 September 20, 2019
  • 15:00

Help maximize RDSP carry forwards

Some features of the RDSP are worlds apart from its RESP cousin

  • February 1, 2019 February 1, 2019
  • 12:00

Tax traps when converting a home to an income property

Implications for the principal residence exemption

  • August 8, 2018 September 7, 2018
  • 00:00

What TOSI means for succession planning

Find out how income sprinkling measures apply to inherited property

  • February 22, 2018 September 10, 2018
  • 09:59
My Practice

Mark Groulx

What buyers look for when acquiring a business

Key considerations when advising business-owner clients

  • September 18, 2019 September 17, 2019
  • 14:30

Preparing a family business for sale

Years of organization can precede a sale process—and it’s worth the effort

  • June 11, 2019 June 10, 2019
  • 15:00

Managing multiple goals when selling a family business

A case study of a complex process

  • April 5, 2019 April 5, 2019
  • 13:27

Helping clients sell a business

Every transaction presents unique challenges

  • January 18, 2019 January 18, 2019
  • 15:00
Tax & Estate Planning

Margaret O’Sullivan

How the global privacy debate is playing out in Canada

Legislation affects disclosures on trusts, real estate and corporations

  • September 16, 2019 September 13, 2019
  • 13:30

Multiple taxation on death: the taxpayer’s nightmare

Steps to limit tax in other jurisdictions

  • February 25, 2019 March 27, 2019
  • 00:00

Mutual wills: proceed with caution

Examining an alternative to trusts

  • November 28, 2018 December 4, 2018
  • 09:00

Keep estate planning documents safe

A key consideration that’s often overlooked

  • September 21, 2018 September 20, 2018
  • 12:00
Tax & Estate Planning

Max Reed

Tax issues when Canadians have U.S. executors

Tips to avoid cross-border complications

  • June 13, 2019 June 13, 2019
  • 16:00

Pleading not GILTI: tax deferral strategies for Canadian-resident U.S. citizens

The story behind global intangible low-taxed income

  • February 23, 2018 September 7, 2018
  • 11:56

4 structures to protect Canadians from the U.S. estate tax—updated

Canadian residents who aren’t U.S. citizens may be surprised to know that U.S. estate tax can apply to them

  • February 20, 2018 September 4, 2018
  • 11:52

Renouncing U.S. citizenship after U.S. tax reform

Renouncing is a personal decision with a number of pros and cons

  • February 20, 2018 September 4, 2018
  • 05:59
Tax & Estate Planning

Rebecca Cicco

An expedient alternative to the post-mortem pipeline

A strategy for business-owner clients to mitigate double taxation at death

  • May 9, 2019 May 10, 2019
  • 14:00

Proceed with caution when aging seniors request account changes

What advisors should know

  • November 12, 2018 November 14, 2018
  • 15:00

Holding private company shares at death could cost your client

An expert explains the tax consequences—and how to avoid them

  • May 28, 2018 September 13, 2018
  • 00:00