It’s not uncommon for Canadians living or working in the U.S. to own U.S.-based individual retirement accounts (IRAs) or qualified retirement plans such as 401(k) plans. A return to Canada may have them wondering: “What do I do with that money?” Last month’s Retirement Resource Centre article, Canadians with U.S. retirement plans: Things to consider […]
Do you have clients looking to donate to a favourite charity, for the first time or through their legacy? Either way, there are considerable tax credits to discuss. Find out what you need to know with ways to provide passive retirement income and a charitable donation strategy.
What happens when an attorney sets up an inter vivos trust for a donor under a power of attorney? Follow Frank’s situation to see how common these scenarios can be, along with the benefits, disadvantages and considerations.