Wilmot George , CFP, TEP, CLU, CHS, is vice-president, Tax, Retirement and Estate Planning at CI Investments. Wilmot can be contacted at wgeorge@ci.com.
Wilmot George , CFP, TEP, CLU, CHS, is vice-president, Tax, Retirement and Estate Planning at CI Investments. Wilmot can be contacted at wgeorge@ci.com.
Help your client’s family by understanding the tax rules
Overcontributions can result in more than a simple penalty tax
There are some situations where a tax-deferred transfer might not be the best option
Find out what types of income add to the calculation of deduction room
Understand which one offers a planning opportunity
How do new PRE rules introduced in October 2016 change things?
Make sure clients don't accidentally run afoul of the attribution rules
The options for dealing with excess TFSA amounts.
We look at key aspects of the superficial loss rule and identify a common pitfall for clients in employee share purchase plans.
Will investment management fundamentally change?
Deck chairs on the Titanic, Part 2
Deck chairs on the Titanic, Part 1
Why this feat is so difficult
Why the measure affecting divorced clients could have a broad impact
An updated look at how clients could be putting refund money to work year-round
The savings account's first decade saw tremendous success, as well as trials and rule changes. What's next?
A breakdown of options for capital property
Consider these factors before establishing a Henson trust
The tax implications depend on how severance is characterized
Find out if they're right for your client
What clients must know about these unique trusts
A strategy for business-owner clients to mitigate double taxation at death
What advisors should know
An expert explains the tax consequences—and how to avoid them
Help your client’s family by understanding the tax rules
Overcontributions can result in more than a simple penalty tax
There are some situations where a tax-deferred transfer might not be the best option
Find out what types of income add to the calculation of deduction room
Settling different types of property
Dividing assets and navigating tax credits
A case study of a complex process
Every transaction presents unique challenges
When clients sell their businesses, they’re usually unlocking wealth – which benefits their advisors.
When it comes to selling a client’s business, timing matters.
Department of Finance expects to gain $350 million by 2024 from proposals
This delay represents a win for industry associations
Agency also delays implementing registered fee position
Compared to what’s happening in Australia, CSA’s June missives are meek
Rather than courting only HNW clients, advisors should look for ways to serve more households
There’s reason to believe that the more time clients spend checking portfolios, the less likely they are to keep to their plans
Adapting process and culture to survive in the age of tech
What an unorthodox hockey strategy teaches us about investing and managing clients
The top court said Henson trusts shouldn’t interfere with subsidized housing eligibility
Breaking down gross negligence versus an honest mistake
New rules mean taking steps before Dec. 31
Buying from a non-resident requires careful planning
Chasing fallen angels may not be worth the risk
Find out when dividend reinvestment plans have merit
What we can learn from the U.K.’s audit reckoning
Knowing the hallmarks of fraud can help you and your clients
Younger clients will enjoy a greater benefit from changes introduced this year
Increases to the program have been put on hold
An expert offers a sample case to help clients avoid tax pitfalls
Answer common client questions about OAS reductions
Steps to limit tax in other jurisdictions
Examining an alternative to trusts
A key consideration that’s often overlooked
Preventing estate problems when a client lives in multiple jurisdictions
Developing a plan for extracting corporate money
A legal case sounds a note of caution for advisors
Here’s what we can expect to pay under the new system
What the agency says
Some features of the RDSP are worlds apart from its RESP cousin
Implications for the principal residence exemption
Find out how income sprinkling measures apply to inherited property
These structures can achieve estate planning objectives, not just tax ones
Advisors can help separating clients by maintaining emotional distance
Tips for managing expenses, mortgages and shared accounts
Tips for working with experts when family issues interfere with finances
Ideas to help clients going through tough times
Ways to become their chosen candidate
The last two steps of the process
Consciously deciding to sustain family wealth for the long term is atypical
“Shirtsleeves to shirtsleeves in three generations” is a common adage
Examining adjusted aggregate investment income
Bubbles can build and burst at different intervals, or not burst at all
Inadequate financial literacy can lead to a lack of financial confidence
Demand is rising for both ESG analysis and smart beta strategies
Insights from advisors and investors on how to best serve your book
Watch out for these issues
A recent Tax Court case debunked a common misconception
Tax consequences associated with policy loan transactions
An expert offers the details, including tax consequences