Wilmot George , CFP, TEP, CLU, CHS, is vice-president, Tax, Retirement and Estate Planning at CI Global Asset Management. Wilmot can be contacted at wgeorge@ci.com.
Wilmot George , CFP, TEP, CLU, CHS, is vice-president, Tax, Retirement and Estate Planning at CI Global Asset Management. Wilmot can be contacted at wgeorge@ci.com.
Consider the tax consequences before transferring property after a separation
The absence of withholding taxes can create unexpected consequences if no planning is done
Consider these options to avoid unexpected tax results
Find out if your client is still eligible for the PRE
Can your client claim the PRE after moving to assisted living?
More on pension income splitting for the year of death
Tips for serving clients of all ages
What clients need to know about reporting transactions
Help your client’s family by understanding the tax rules
Overcontributions can result in more than a simple penalty tax
How to keep clients from psyching themselves out
Are your clients invested too much in Canada?
Carbon-adjusted earnings: Where accounting meets ESG to talk nonsense
Expense claims are possible without receipts, but it’s an uphill battle
There are three options used to determine how much taxpayers need to pay each quarter
Tips for the month ahead
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Regulators are asking if ESG funds are doing what they're supposed to. Clients may be asking, too.
Financial services are vulnerable to populism
Demand for advice may be greater than ever, but your book doesn’t grow based on need
Why blank cheque companies may not be right for your clients
Putting cryptocurrencies in perspective
Students need financial planning, too
Knowing the answer can help maximize your client’s wealth
Three steps for assessing eligibility
Take these steps to help clients manage tax on pandemic benefits
Contributions and loans to a graduated rate estate can have tax consequences
Planning for foreign assets may require multiple documents
Help your client avoid these pitfalls
A lack of planning can impede your client’s wishes
Projections are essential for planning but they rely on the quality of the variables used
This example highlights tax and planning considerations
What to consider regarding the use of LBTs
Why people living with Type 1 diabetes have been refused the Disability Tax Credit
A change in use could result in a deemed disposition
There are benefits and risks to owning property personally, through a trust or through a corporation
Consider these tax-efficient options
Find out what the CRA says about investment income and selling a business
Consider the tax consequences before transferring property after a separation
The absence of withholding taxes can create unexpected consequences if no planning is done
Consider these options to avoid unexpected tax results
Find out if your client is still eligible for the PRE
U.S. tax rules can lead to TFSA troubles
Use these tips for discussions and decision-making
Rules govern coordination with other benefits, repayment
The Registered Disability Savings Plan requires proper planning
Interest deductibility may be at stake
The rules are restrictive and deductions require the employer’s support
The process of selling losing investments is fairly straightforward
Find out when your client’s investment income could be subject to the tax on split income
Qualification is a gateway to additional tax savings
Here’s what your clients need to know for the 2020 tax year
Issues and strategies for Canadians thinking about transferring their U.S.-based retirement plans
The impact of tax policy extends north of the border
Don’t underestimate the behavioural element
Using historical returns to forecast a recovery
A breakdown of who benefits from the federal government’s proposed annuity
Clients may need to revise their wills if they’ve named out-of-jurisdiction executors
Help your client avoid these estate planning pitfalls
Knowing the answer will help you and your client prepare for incapacity
Know the tax implications when moving into care
Editorial: Financial firms still have work to do in acknowledging their role in systemic racism
Advisor's Edge asked 20 banks, asset managers, insurers and advisory firms how they are addressing anti-Black racism
The regulatory regime has not caught up to investors’ needs
As markets wobble, you'll be called upon to offer comfort and perspective — and that's a great thing
A trustee’s tax liability has limits, a court case suggests
The decumulation game requires a dynamic strategy
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What Seinfeld can teach us about the value of staying the course
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Getting intentional about putting clients first
Industry research can make advisors feel vulnerable. Use that feeling as a call to action.
Be clear about what you stand for, so clients won’t fall for what you don’t
Planning helps reduce the negative impacts
The additional guidance reduces the risk of purchasing a non-compliant annuity
What clients need to know when commuting a DB pension
Clients must answer this question if they’re still working at age 60
Explaining a poorly understood mechanism
Tips for building emotional intelligence