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.
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.
In response to recent market volatility, some investors are considering tax-loss selling. Make sure they heed these two rules.
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.
Sometimes, seemingly good companies don’t make it to sale closing. Here are the primary reasons why transactions fail.
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
Estate trustees are fiduciaries
Giving clients options with capital property
A tax tale of two benefits at death
Comparing tax options for foreign dividend-paying stocks
Strategies to address the new rules in 2019
Knowing the hallmarks of fraud can help you and your clients
What to look for when analyzing statements
Requiring all industries to disclose in the way suggested for the cannabis sector would be a major improvement
There’s no one-size-fits-all approach
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
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
Examining an alternative to trusts
A key consideration that’s often overlooked
Preventing estate problems when a client lives in multiple jurisdictions
An overview of major changes impacting Canadians with U.S. connections
Why this feat is so difficult
When clients don’t meet goals on time
Understanding “jam jar” investment management
Evaluating risk to achieve a goal
Adapting process and culture to survive in the age of tech
What an unorthodox hockey strategy teaches us about investing and managing clients
Summer reading to improve your practice
Humanizing the methods and challenges of finance
New rules mean taking steps before Dec. 31
Buying from a non-resident requires careful planning
The Tax Court ruled on interest deductibility relating to returns of capital used for personal purposes
New case requires CRA to reconsider penalty for late reporting
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
What advisors should know
An expert explains the tax consequences—and how to avoid them
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
Examining adjusted aggregate investment income
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
Use these strategies to protect downside and capture upside
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
Many people who have ties to the U.K. have decided to settle in Canada.
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
Implications for the principal residence exemption
Find out how income sprinkling measures apply to inherited property
While the two plans resemble each other in many aspects, there are other features of the RDSP that are worlds apart from its RESP cousin
These structures can achieve estate planning objectives, not just tax ones